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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (6725)	7/9/2014 10:57:09 AM
From: Goose94	Read Replies (2) of 202561

Huldra Silver (HDA-V) July 9, '14 intends to proceed with a consolidation of its common shares on the basis of two preconsolidation shares for one postconsolidation share. Currently, a total of 55,589,159 shares are issued and outstanding. Accordingly, if the consolidation is put into effect, a total of 27,794,580 shares would be issued and outstanding, assuming there are no other changes in the issued capital of the company. There is currently no maximum number of authorized shares. The consolidation is being proposed in order to allow the company greater flexibility in negotiating and completing a restructuring of its debt pursuant to the Companies' Creditors Arrangement Act (Canada) and is subject to approval of the TSX Venture Exchange.

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