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:
|
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.
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