Manicouagan Completes Share Consolidation
June 20 2011 - 9:06AM
Marketwired
Manicouagan Minerals Inc. (TSX VENTURE: MAM) announced today that
it has received TSX Venture Exchange approval for the consolidation
of the Company's issued and outstanding Common Shares on the basis
of one (1) new Common Share for every ten (10) Common Shares
presently issued and outstanding. Manicouagan's Common Shares will
begin trading on a consolidated basis on the TSX Venture Exchange
on Tuesday, June 21, 2011.
A new Cusip number of 56323R508 replaces the old Cusip number of
56323R102 to distinguish between the pre and post-consolidated
shares. Manicouagan's name and trading symbol will remain
unchanged. Following completion of the Common Share consolidation,
the Company will have approximately 17.85 million Common Shares
issued and outstanding.
About Manicouagan
Manicouagan Minerals Inc. is a Canadian based exploration
company focused on advancing its gold projects in the Pickle Lake
Gold Belt, Ontario. Manicouagan also has a pipeline of commodity
projects including the Brabant Lake Zinc deposit in Saskatchewan,
together with the Mouchalagane Nickel/Copper/PGE project and the
HPM/Forgues Nickel/Copper/Cobalt project, both in Quebec.
Additional information about the company can be found at
www.manicouaganminerals.com.
Une traduction francaise de ce communique de presse est
disponible a www.manicouaganminerals.com.
Forward Looking Statements
All statements other than statements of historical fact,
included in this release, including, without limitation, statements
regarding potential mineralization and reserves, exploration
results, and future plans and objectives of the Company, are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's expectations are exploration risks
detailed herein and from time to time in the filings made by the
Company with securities regulators.
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Manicouagan Minerals Inc. Joseph Baylis President and
Chief Executive Officer (416) 542-3980 Manicouagan Minerals Inc.
Andreas Curkovic Investor Relations (416) 577-9927
investorrelations@manicouaganminerals.com