Karora Share Consolidation
Karora is also pleased to announce, as previously authorized by its shareholders and following a determination by its Board of Directors, the Corporation intends to file articles of amendment implementing a consolidation of its outstanding common shares on the basis of one (1) post-consolidation common share for every four point five (4.5) pre-consolidation common shares (the "Consolidation"). The Consolidation is subject to TSX approval. Karora will issue a further press release providing the date, expected in the next 7-14 days, on which the common shares will commence trading on a post-consolidation basis on the TSX. The exercise price and the number of common shares issuable under any of the Corporation's outstanding share-based securities such as warrants, stock options and restricted share units, as applicable, will be proportionately adjusted upon completion of the Consolidation. The CUSIP and ISIN numbers of the post-consolidation common shares and warrants will also change upon the completion of the Consolidation.
Zudem verkauft man die restlichen 28% Anteile am Dumont Nickel Project for Proceeds of up to $48 Million |