Alpha Copper Announces Non-Brokered Private Placement of Convertible Debentures and Consolidation of Common Shares
The Company is also pleased to announce a consolidation of the outstanding Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares (the “Consolidation”).
- The Company is also pleased to announce a consolidation of the outstanding Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares (the “Consolidation”).
- No fractional Common Shares will be issued as a result of the Consolidation.
- Any fractional Common Shares more than one-half resulting from the Consolidation will be rounded up to the nearest whole Common Share, and any fractional shares less than one-half resulting from the Consolidation will be rounded down to the nearest whole Common Share.
- Shareholder approval of the Consolidation is not required under the policies of the CSE nor under the Articles of the Company.