• Freitag, 15 November 2024
  • 09:57 Uhr Frankfurt
  • 08:57 Uhr London
  • 03:57 Uhr New York
  • 03:57 Uhr Toronto
  • 00:57 Uhr Vancouver
  • 19:57 Uhr Sydney

Sonoran Desert Copper Corporation Consolidation of Common Shares

09.11.2023  |  Newsfile

Vancouver, November 9, 2023 - Sonoran Desert Copper Corp. (TSXV: SDCU) ("SDCU'' or the "Company") announces that further to the October 31, 2023 news release, the Company will consolidate its issued and outstanding shares on a ratio of one post-consolidation share for 4 pre-consolidation shares (the "Consolidation").

Effective at the open of markets on or about November 14, 2023, the shares of the Company will trade on a post-consolidation basis under the new CUSIP 83569N207 (ISIN: CA83569N2077). The Company currently has 101,139,062 shares issued and outstanding. Following the consolidation, there will be approximately 25,284,766 shares issued and outstanding.

The Company believes that the Consolidation is necessary to better position the Company for future corporate development opportunities and financing transactions. There will be no name change in conjunction with the Consolidation.

Registered shareholders of the Company who hold shares represented by a physical certificate or direct registration system advice will receive a letter of transmittal from the transfer agent for the Company, TSX Trust, with instructions on how to exchange their existing certificate or DRS advice for a post-consolidation certificate or DRS Advice.

The exercise or conversion price and the number of common shares issuable under any of the Company's outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in accordance with their respective terms. No fractional common shares will be issued pursuant to the Consolidation, and any fractional common shares that would otherwise be issued will be rounded down or up to the nearest whole number.

About Sonoran Desert Copper Corporation

Sonoran Desert Copper Corp. is focused on the development of its Cuatro Hermanos copper / molybdenum porphyry project in Sonora, Mexico (the "4H Project").

On behalf of the Board of Directors of
Sonoran Desert Copper Corp.

"Brian Leeners"

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/186772


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.