880-580 Hornby Street Vancouver B.C. V6C 3B6 604-803-5838 info @ newtechminerals.ca 880-580 Hornby Street Vancouver B.C. V6C 3B6 604-803-5838 info @ newtechminerals.ca NTM: CSE NEWS RELEASE New Tech Minerals Corp. Announces Effective Date of Share Consolidation Vancouver, B.C., August 10, 2020. New Tech Minerals Corp. NTM-CSE (“New Tech” or the “Company”), is pleased to announce that its common shares will begin trading on a post-consolidated basis at the opening of the market on August 12, 2020 under the existing trading symbol “NTM”. The Company's name will remain the same.
As previously announced, the Company will be consolidating (the “Consolidation”) its outstanding common share capital on the basis of two (2) pre-Consolidation shares for one (1) post-Consolidation share. No fractional shares will be issued pursuant to the Consolidation and any fractions will be rounded to the nearest whole number. As of the date of this news release, the Company has 67,428,896 common shares issued and outstanding. Following completion of the Consolidation, it is anticipated that the Company will have approximately 33,714,448 common shares issued and outstanding. Letters of transmittal describing the process by which shareholders may obtain new certificates representing their Consolidated common shares will be mailed shortly to registered shareholders. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their name will not be required to complete a letter of transmittal. Trading on a Consolidated Basis: August 12, 2020 Record Date: August 13, 2020 NEW CUSIP: 64886W203 NEW ISIN: CA64886W2031 About New Tech Minerals Corp.
New Tech is engaged in the exploration and development of promising potash/brine and cobalt projects in America, including the Paradox Basin Potash and Brine projects in Utah and the Tule cobalt project in Nevada.
On behalf of the Board of Directors Jonathan George, President & CEO Neither the OTCQX nor the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.