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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (16875)	4/1/2016 11:17:57 AM
From: Goose94	Respond to of 202400

ADD-V new 52 week high, 10 cents

To: Goose94 who wrote (16875)	10/12/2016 8:57:28 AM
From: Goose94	Read Replies (1) \| Respond to of 202400

Arctic Star Exploration (ADD-V) Dilution Pig Announces Share Consolidation and Private Placement Oct 12, '16 - NR Arctic Star Exploration announces that the board of directors passed a resolution on October 11th, 2016 to proceed with a consolidation of common shares of the Company on the basis of four (4) pre-consolidated shares for one (1) post consolidated share (the "Consolidation"). The consolidation was approved by the Company's shareholders at the Annual and Special Meeting held on June 23, 2016. The transaction is subject to TSX Venture Exchange ("TSXV") approval. Currently, a total of 97,363,073 common shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of approximately 24,340,768 common shares will be issued and outstanding. There is no maximum of authorized common shares. Computershare Investor Services Inc. ("Computershare") will mail letters of transmittal to the shareholders providing instructions on exchanging pre-Consolidation share certificates for post- Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Computershare in accordance with the instructions in the letter of transmittal. Private Placement The Company proposes to issue, on a post-consolidated basis, up to 20,000,000 units at $0.06 per unit for gross proceeds of up to $1,200,000. Each unit will be comprised of one common share and one common share purchase warrant, with each whole warrant exercisable into one common share at a price of $0.08 for a period of two years from closing. All securities will be subject to a four-month hold period from the closing date. Finder's fees may be paid in accordance with the TSXV policies. The private placement is subject to the approval of the TSXV. Proceeds of the private placement will be used to develop existing properties, potential future acquisitions and general working capital. Options Granted The Company also announces the grant of 1,225,000 options to purchase post-consolidated shares of the Company as per the Company's stock option plan at a price of $0.06 per share. ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP. "Patrick Power" Patrick Power, President (604) 689-1799 arcticstar.ca