Mukuba announces completion of share consolidation
31 Agosto 2012 - 5:02AM
PR Newswire (Canada)
TORONTO, Aug. 31, 2012 /CNW/ - Mukuba Resources Limited ("Mukuba"
or the "Company") is pleased to announce that it has received a
Certificate of Amendment effecting the completion of the share
consolidation of its issued and outstanding common shares effective
August 31, 2012 on the basis of one (1) post-consolidation common
share for every four (4) pre-consolidation common shares. The
Company's shareholders approved the share consolidation at the
Company's special meeting of shareholders held on August 30, 2012.
Letters of transmittal describing the details of the share
consolidation and the process by which shareholders obtain actual
share certificates representing the consolidated common shares will
be mailed out to registered shareholders of the Company on or about
September 4, 2012. Registered shareholders may also obtain copies
of the letter of transmittal by contacting their brokers or other
intermediary or the Company's transfer agent, Equity Financial
Trust Company. Shareholders who hold their common shares through
their broker or other intermediary and do not have actual share
certificates registered in their name will not be required to
complete and return a letter of transmittal. Any pre-consolidation
common shares owned by such shareholders will automatically be
adjusted as a result of the share consolidation to reflect the
applicable number of post-consolidation common shares owned by them
and no further action is required to be taken by such shareholders.
If as a result of the share consolidation a shareholder becomes
entitled to a fractional share, such fractions will be rounded down
to the nearest whole common share. About the Company Mukuba is a
Canadian mining company focused on the exploration and development
of certain African base metal assets alone and through a joint
venture partner. These assets include a 100% interest in the
Northcore Project, which is licensed for both copper and cobalt and
encompasses approximately 2,265 square km of geologically
prospective ground in the Central African Copperbelt region of
Zambia. Mukuba is also a party to a joint venture with Benzu
Resources Limited to explore and develop a copper and base metals
project in the Democratic Republic of the Congo. Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-looking Information Securities regulators encourage
companies to disclose forward-looking information to help investors
understand a company's future prospects. This press release
contains statements about our future business and planned
activities, including matters relating to the Consolidation. These
are "forward-looking" because we have used what we know and expect
today to make a statement about the future. Forward-looking
statements usually include words such as may, intend, plan, expect,
anticipate, believe or other similar words. We believe the
expectations reflected in these forward-looking statements are
reasonable. However, actual events and results could be
substantially different because of the risks and uncertainties
associated with our business or events that happen after the date
of this press release. You should not place undue reliance on
forward-looking statements. As a general policy, we do not update
forward-looking statements except as required by securities laws
and regulations. Mukuba Resources Limited CONTACT: Kelly Ehler,
interim President and CEOTEL: +1 (416) 368 4013FAX: +1 (416) 603
9200Email: info@mukubaresources.com
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