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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (385)4/24/2014 7:55:46 PM
From: Goose94Read Replies (1) of 202931
 
Entourage Metals (EMT-V) April 24, '14 board of directors has approved a consolidation of common shares on the basis of one new postconsolidation common share for every six preconsolidation common shares. The company proposes this consolidation to facilitate future financings and acquisitions, and a name change is not intended as part of the consolidation.There are presently 35,354,999 common shares issued and outstanding in the capital of the company, and, following the proposed share consolidation, there will be approximately 5,892,500 common shares issued and outstanding. The board of directors may, at its discretion, determine when such a consolidation will occur. The consolidation is also subject to acceptance by the TSX Venture Exchange.
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