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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (4698)

10/28/2016 1:13:04 PM

From: Goose94

Read Replies (1) of 203382

True Grit Resources (TGI.H-V) Oct 28, '16 asking for shareholder approval to consolidate True Grit's issued and outstanding common shares and approval to change the name of the Company to "True Grit Minerals.

The consolidation ratios proposed will be in the range of one (1) post-consolidation common share for every two and one-half (2.5) pre-consolidation common shares to a maximum of one (1) post-consolidation common share for every four (4) pre-consolidation common shares (the "Consolidation") with the final Consolidation ratio to be determined by the board of directors in their discretion. If the Consolidation is approved, the board of directors of True Grit, in their discretion, may elect not to proceed with the Consolidation.

True Grit currently has 7,442,412 common shares issued and outstanding. If and upon the Consolidation becoming effective, on the maximum of one (1) for four (4) basis, it is expected there will be approximately 1,860,603 post-Consolidation common shares issued and outstanding on a non-diluted basis.

True Grit Resources Ltd.

615 – 800 West Pender Street

Vancouver, BC V6C 2V6

Allan W. Williams

allanwwilliams@yahoo.com

Telephone Number:

604 681-6766

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