Solimar Energy Limited: Timetable for Consolidation of Shares
29 Novembre 2013 - 3:40AM
Marketwired
Solimar Energy Limited: Timetable for Consolidation of Shares
MELBOURNE, AUSTRALIA--(Marketwired - Nov 28, 2013) - Solimar
Energy Limited ("Solimar" or "the Company")
(TSX-VENTURE:SXS)(ASX:SGY) is pleased to announce that it has
received approval from its shareholders, at the Annual General
Meeting it held earlier today, to implement the share
consolidation.
The consolidation will convert every 25 Shares into one (1)
Share.
The timetable for the consolidation is as follows:
Monday 2 December 2013: |
Last
day for trading in pre-consolidated shares. |
|
|
Tuesday 3 December 2013: |
First
day for trading in post-consolidated shares on a deferred
settlement basis. |
|
|
Monday 9 December 2013: |
Last
day to register transfer of shares on a pre-consolidated
basis. |
|
|
Tuesday 10 December 2013: |
First
day to register transfers of shares on a post-consolidated
basis. |
|
First
day to issue holding statements to shareholders. |
|
|
Monday 16 December 2013: |
Issue
date for share consolidation. |
|
Deferred settlement market ends. |
|
Last
day for shares to be entered into holder's security holdings. |
|
Last
day to issue holding statements to shareholders. |
The above dates are indicative only and subject to change by the
company in accordance with the listing rules of the TSXV, the ASX
Listing Rules and the Corporations Act 2001 (Cth).
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Reader Advisory: Forward-looking statements
This news release contains forward-looking information relating
to the Company's consolidation of shares and other statements that
are not historical facts. Such forward-looking information is
subject to important risks, uncertainties and assumptions. The
results or events predicated in this forward-looking information
may differ materially from actual results or events. As a result,
you are cautioned not to place undue reliance on this
forward-looking information.
Forward-looking information is based on certain factors and
assumptions. While the Company considers these assumptions to be
reasonable based on information currently available to it, they may
prove to be incorrect.
Forward looking-information is subject to certain factors,
including risks and uncertainties that could cause actual results
to differ materially from what is currently expected. These factors
include risks associated with the instability of the economic
environments in which the Company operates or owns interests, oil
and gas exploration, development, exploitation, production,
marketing and transportation, loss of markets, volatility of
commodity prices, currency fluctuations, imprecision of reserve
estimates, environmental risks, competition from other producers,
inability to retain drilling rigs and other services, incorrect
assessment of the value of acquisitions, failure to realize the
anticipated benefits of acquisitions, delays resulting from or
inability to obtain required regulatory approvals and ability to
access sufficient capital from internal and external sources,
reliance on key personnel, regulatory risks and delays, including
risks relating to the acquisition of necessary licenses and
permits, environmental risks and insurance risks.
You should not place undue importance on forward-looking
information and should not rely upon this information as of any
other date. While the Company may elect to, the Company is under no
obligation and does not undertake to update this information at any
particular time, except as required by law.
ABN 42 112 256 649
Solimar Energy LimitedJason BednarDirector+1 805 643 4100 or
(03) 9347 2409Solimar Energy LimitedChris BowyerCompany Secretary+1
805 643 4100 or (03) 9347 2409www.solimarenergy.com.au
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