Glacier Lake Confirms Effective Date for Share Consolidation
Vancouver, B.C. February 19, 2019 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the
| “Company”) announces | that the Company’s common share capital will be consolidated on a ten-for-one- |
| basis (the “Consolidation”) effective at the close of business on February 20, 2019. The Company’s | |
| common shares will trade on a post-consolidated basis effective at the opening of markets on February | |
| 21, 2019. The Company currently has 52,257,723 common shares outstanding, and following completion | |
| of the Consolidation it is expected that the Company will have approximately 5,225,772 share | |
| outstanding. There will be no change to the Company’s ticker symbol in connection with the | |
| Consolidation, and the new post-consolidation CUSIP and ISIN will be 37640A204 and CA37640A2048. |
Following the effective date for the Consolidation, registered shareholders can expect to receive a letter of transmittal from the Company’s transfer agent, Computershare Trust Company of Canada, with instructions for exchanging their existing physical share certificates for post-Consolidation certificates.
For additional information please feel free to contact:
Saf Dhillon President/CEO Glacier Lake Resources Inc.
Tel:866-687-7059 Dir: 604-688-2922 [email protected]
Please visit our Website at: www.glacierlake.ca
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. This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward- looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
Suite 1588 – Canaccord Financial Tower, 609 Granville Street, Vancouver, BC V7Y 1G5 O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca