Killdeer Minerals Inc. Proposes Share Consolidation
Vancouver, December 31, 2014 – Killdeer Minerals Inc. – KMI: TSX.V (“Killdeer”) (the “Company”) announces a proposed consolidation of its share capital on the basis of one (1) new common share of the Company for every ten (10) existing common shares. The share consolidation was approved by Killdeer shareholders at the annual general and special meeting held on Monday, November 19, 2014, and is subject to approval by the TSX Venture Exchange.
Killdeer currently has 22,530,138 common shares issued and outstanding. Post consolidation, there will be approximately 2,253,013 common shares issued and outstanding. Management believes that the consolidation is necessary in order to provide the Company with a share capital structure that will better attract financing and enhance growth opportunities.
On behalf of the Board of Directors
KILLDEER MINERALS INC.
Signed “Stan Szary”
Chief Executive Officer
Suite 312 – 744 West Hastings St. Vancouver, B.C. Canada V6C 1A5 Tel: (604) 685-6989 | Fax: (604) 685-6961