AGORACOM News Flash

ATTENTION AGORACOM MEMBERS - WE'RE GROWING AGAIN & YOU'RE INVITED:

Hey, gang. We're really proud to announce another great tool for our members and all online investors. Here's the news:

1. AGORACOM Launches Online Conferences (Full Story)

2. AGORACOM Announces 1st Conference. The AGORACOM Online Gold & Commodities Conference (Full Story). December 3-4. Save The Date!

Looking forward to your feedback. Thanks and have a great day!

Regards,
George, Paul et al.

Message: Metalex announce proposal to consolidate shares

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

FANTOMAS

Rank: [?]

President

Points: [?]

8039

Rating: [?]

Votes: 260 Score: 3.7

Currently 3.8/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Metalex announce proposal to consolidate shares

posted on Mar 23, 09 02:14PM

KELOWNA, BC, March 23 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) ("The Company"), announces a plan to proceed with a consolidation of the common shares of the Company on the basis of one (1) "new" common share for ten (10) "old" common shares as approved by shareholders at the Company's annual general meeting held on November 14, 2008.

There are currently outstanding approximately 93.8 million common shares. The consolidation will reduce the number of common shares outstanding to approximately 9.4 million. The Board of Directors believes that a reduced number of shares will have numerous benefits, including facilitating corporate finance transactions.

The share consolidation remains subject to the acceptance of the TSX Venture Exchange.

	    "Chad Ulansky"
                  
                  	    Chad Ulansky
                  	    President and CEO
                  
                  	    The TSX Venture Exchange has not reviewed and does not accept
                  	    responsibility for the adequacy or accuracy of this release.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »