Deer Horn Proceeds with 1:5 Share Consolidation

2018-02-23 / @fscwire

 

Deer Horn Proceeds with 1:5 Share Consolidation



Vancouver, BC (FSCwire) - Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn”), announces a consolidation of its issued and outstanding share capital on the basis of one (1) post-consolidation share for each five (5) pre-consolidation common shares.  No fractional shares will be issued.  Any fraction of a share will be rounded to the nearest whole number.  The shares will begin trading on a consolidated basis and with a new CUSIP number on February 28, 2018. 

 

As a result, the outstanding shares of the company will be reduced to approximately 9,488,903.

 

The Company’s name and symbol will not change.

 

Trading on a Consolidated Basis:  February 28, 2018.

 

Record Date:  March 1, 2018.

 

New CUSIP:  243809209

 

New ISIN:  CA2438092090

 

About Deer Horn

 

Deer Horn Capital is exploring and developing the Deer Horn Property, a rich gold and silver project with high tellurium grades.  

 

On behalf of the board of directors of

Deer Horn Capital Inc.

 

“Tyrone Docherty”            

Tyrone Docherty

President and CEO

For further information please contact:

 

Primary Contact

Tyrone Docherty

President

Deer Horn Capital Inc.

604 789 5653

tyrone.doccap@dccnet.com

Neither the Canadian Securities Exchange nor its regulations services accepts responsibility

for the adequacy or accuracy of this release.

 

Forward-looking information

 

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.  These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control.  Readers should not place undue reliance on forward-looking statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/DeerHorn02232018.pdf



Source: Deer Horn Capital Inc. (CSE:DHC, OTC Pink:GODYF)

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