Cameo Resources Corp. Effects 3-for-1 Forward Stock Split and Changes Name to Cameo Cobalt Corp.
May 23 2018 - 3:54AM
Cameo Resources Corp. (TSX-V:CRU) (OTC:CRUUF)
(FWB:SY7D) (the “
Company” or
“
Cameo”) is pleased to announce that the Company's
common shares will be split on a
(1) one old for (3)
three new basis. The Company is also pleased to
report it will also change its name to “Cameo Cobalt Corp.” Cameo's
name change reflects the Company's new strategic focus on
energy-metals exploration. The Company’s trading symbol, “CRU”,
will remain unchanged.
Effective at the opening on Friday, May 25, 2018, the common
shares of Cameo Cobalt Corp. will commence trading on a split basis
on TSX Venture Exchange. Common shareholders of record at the close
of business on May 28, 2018 will be mailed additional
certificates. The new certificates will be mailed on or about
May 31, 2018. The push-out method will be used to effect the
split.
Outstanding stock options and share purchase warrants will also
be adjusted by the forward split ratio, and the respective exercise
prices of outstanding stock options and share purchase warrants
will be adjusted accordingly. Shareholders of the Company,
with or without a physical share certificate, do not need to take
any action with respect to the forward split. The Company's
transfer agent will send registered owners of common shares a share
certificate or DRS advice which will represent the additional
number of common shares to be received as a result of the forward
split.
Post split Cameo will have 55,674,156 shares issued and
outstanding.
CAMEO RESOURCES CORP. “Akash Patel”
Akash PatelPresident(778) 549-6714Email:
akashp006@gmail.com www.cameoresources.com
Neither the 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.
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