New Age Metals announces that, the Company's board of directors have approved a consolidation of the Company's issued and outstanding shares on a 4 old for 1 new basis, consolidating its 222,237,002 currently outstanding shares to 55,559,251 shares. Chairman and CEO Harry Barr states, "The consolidation of a company is always a hard decision to make. Based on the Junior Mining Industry being in a multi-year downturn and
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