Stem 7 Capital Proposes Share Consolidation
STEM 7 Capital Inc.
Suite 202-750 W. Pender St Vancouver, BC V6C 2T7
STEM 7 CAPITAL PROPOSES SHARE CONSOLIDATION
December 15, 2014 - Vancouver, B.C. – Stem 7 Capital Inc. (TSX.NEX: CI.H, Frankfurt: T9NB, OTC-BB: CNGZF) (the “Company”) announces that it proposes a share consolidation of the Company’s common shares on a ten (10) for one (1) basis. The Company currently has 26,333,415 shares issued and outstanding. Following the consolidation, the Company will have approximately 2,633,341 shares issued and outstanding prior to rounding for fractional shares. The share consolidation is subject to stock exchange approval.
The Board of Directors have elected to consolidate the Company’s shares to allow itself to be better positioned to compete with other stock exchange issuers to attract opportunities in the resource sector or other sectors which could potentially enhance shareholder value.
For additional information, please contact:
Dave McMillan Chairman & Chief Executive Officer 1-778-773-4560 [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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