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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (4820)6/26/2014 8:37:59 PM
From: Goose94Read Replies (3) of 203658
 
Rio Silver (RYO-V) June 26, '14 shareholders also approved as a special resolution authorizing the board of directors to consolidate the common shares of the company on the basis of one postconsolidation share for up to a maximum of five preconsolidation shares, or such lower consolidation ratio as deemed appropriate. The board of directors has the authority to implement the consolidation at the ratio of up to 1 to 5 at any time and will be permitted, without further shareholder approval, to select a lower consolidation ratio if it deems it appropriate. The consolidation is subject to the approval of the TSX Venture Exchange. Rio Silver currently has 61,117,849 common shares issued and outstanding.
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