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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose9411/22/2012 7:38:58 PM
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Rackla Metals (RAK-V) Proposes Share Consolidation
www.racklametals.com
50.4 million o/s
<$0.3 million cash

Key People: Mr. Simon Ridgway
Rackla Metals considers rollback of up to 1:5

Nov 21, 2012 - News Release

Rackla Metals Inc.'s board of directors has determined that in order to facilitate future equity financings for the company and to attract new business opportunities, it may be necessary to consolidate the share capital on the basis of one new share for up to five existing shares. The share consolidation may also include a change of name of the company. The share consolidation and change of name will be subject to acceptance for filing by the TSX Venture Exchange and to shareholder approval which will be requested at the company's annual and special meeting to be held on Dec. 20, 2012.

We seek Safe Harbor.
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