ROUYN-NORANDA, QC, Dec. 29, 2016 /CNW Telbec/ - Fieldex
Exploration Inc. (FLX: TSXV and F7E: Frankfurt)
announces that it has obtained Articles of Amendment and received
final approval from the TSX Venture Exchange for its one-for-ten
share consolidation. Effective at the opening of trading on Friday
December 30, 2016, Fieldex's shares will commence trading on
the TSX Venture Exchange on a consolidated basis.
Fieldex's shares will continue to trade under the symbol FLX.
The new CUSIP number for the consolidated shares is 316902303 and
the new ISIN number is CA3169023031. As a result of the one-for-ten
share consolidation, Fieldex now has 10,328,553 common shares
issued and outstanding.
Shareholders who hold their shares through a securities broker
or dealer, bank or trust company will not be required to take any
measures with respect to the share consolidation. Fieldex's
transfer agent, Computershare Investor Services Inc., has mailed a
letter of transmittal to all registered shareholders, who will be
required to return their certificates representing pre-consolidated
common shares and a completed letter of transmittal to
Computershare. Any registered shareholder who submits a
duly-completed letter of transmittal to Computershare along with
pre-consolidated share certificates will receive in return a
post-consolidated share certificate. Additional copies of the
letter of transmittal can be obtained by contacting Computershare
at 1-800-564-6253 or by e-mail at
corporateactions@computershare.com.
About Fieldex
Fieldex is a mineral resource company
actively exploring in Québec. As of the date hereof, Fieldex has
10,328,553 common shares issued and outstanding.
Forward-Looking Statements
This news release
contains statements that may constitute "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information may include, among others,
statements regarding the future plans, costs, objectives or
performance of Fieldex, or the assumptions underlying any of the
foregoing. In this news release, words such as "may", "would",
"could", "will", "likely", "believe", "expect", "anticipate",
"intend", "plan", "estimate" and similar words and the negative
form thereof are used to identify forward-looking statements.
Forward-looking statements should not be read as guarantees of
future performance or results, and will not necessarily be accurate
indications of whether, or the times at or by which, such future
performance will be achieved. No assurance can be given that any
events anticipated by the forward-looking information will
transpire or occur, including the development of the Golden
Moon Project, or if any of them do so, what benefits Fieldex
will derive. Forward-looking information is based on information
available at the time and/or management's good-faith belief with
respect to future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond Fieldex's control. These risks, uncertainties and
assumptions include, but are not limited to, those described under
"Financial Risk Management Objectives and Policies" and "Risks and
Uncertainties " in Fieldex's Annual Report for the fiscal year
ended December 31, 2015, a copy of which is available on
SEDAR at www.sedar.com, and could cause actual events or results to
differ materially from those projected in any forward-looking
statements. Fieldex does not intend, nor does Fieldex undertake any
obligation, to update or revise any forward-looking information
contained in this news release to reflect subsequent information,
events or circumstances or otherwise, except if required by
applicable laws.
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
SOURCE FIELDEX EXPLORATION INC.