Luckystrike Resources Consolidates Its Common Shares
LUCKYSTRIKE RESOURCES CONSOLIDATES ITS COMMON SHARES
November 6, 2019 – Luckys trike Resources Ltd. (TSX‐V: LUKY) (the “Company” or “Luckystrike”)
announces its intention to conso lidate its common shares (“Shar es”) on a 10‐old‐for‐1‐new share basis
(the “Consolidation”).
The 39,626,688 Shares currently issued and outstanding will be reduced to approximately 3,962,669 post‐
Consolidation Shares. No fractio nal shares will be issued under the Consolidation. Each fractional share
following the Consolidation that is less than one‐half of a share will be cancelled and each fractional share
that is at least one‐half of a share will be rounded up to the nearest whole share. The exercise or
conversion price and the number of shares issuable under any of the Company’s outstanding stock options
and convertible instruments, as applicable, will be proportionately adjusted upon completion of the
Consolidation. A letter of transmittal will be sent to registered shareholders providing instructions to
surrender the certificates evidencing their Shares for replacem ent certificates representing the number
of post‐consolidation Shares to which they are entitled as a result of the Consolidation. Until surrendered,
each certificate representing Shares prior to the Consolidation will be deemed for all purposes to
represent the number of Shares to which the holder thereof is entitled as a result of the Consolidation.
The Board of Directors of the Company believes that the Consolidation is necessary to better position the
Company for future corporate development opportunities and fina ncing transactions. There will be no
name change in conjunction with the Consolidation.
The Consolidation is subject to the acceptance of the TSX Venture Exchange (the “Exchange”) and the pre‐
Consolidated Shares will continue to be traded on the Exchange under the current trading symbol “LUKY”.
Upon acceptance by the exchange, the Company’s trading symbol will remain the same but the CUSIP and
ISIN numbers will change upon the completion of the Consolidation.
ON BEHALF OF THE BOARD
John Newell, President and Chief Executive Officer
For new information from the Company's programs, please visit L uckystrike's website at
LuckystrikeRes.com or contact John Newell by telephone at (604) 568‐8807 or by email at
TSX‐V: LUKY
LUCKYSTRIKE RESOURCES LTD.
1010 ‐1130 West Pender Street
Vancouver, British Columbia
Canada, V6E 4A4
Telephone: 604 568 8807
Facsimile: 604 681 1864
IR: 604 805 0375
LuckyStrikeRes.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward‐Looking Statements
Statements contained in this news release that are not historical facts are “forward‐looking information”
or “forward‐looking statements” (collectively, “Forward‐Looking Information”) within the meaning of
applicable Canadian securities legislation. In certain cases, Forward‐Looking Information can be identified
by the use of words and phrases such as “anticipates”, “expects ”, “understanding”, “has agreed to” or
variations of such words and phrases or statements that certain actions, events or results “would”,
“occur” or “be achieved”. Although Luckystrike has attempted to identify important factors and risks that
could affect Luckystrike and may cause actual actions, events o r results to differ materially from those
described in Forward‐Looking Information, there may be other factors and risks that cause actions, events
or results not to be as anticipated, estimated or intended, inc luding, without limitation: inherent risks
involved in the exploration and development of mineral properti es; the uncertainties involved in
interpreting drill results and other exploration data; the potential for delays in exploration or development
activities; the geology, grade and continuity of mineral deposi ts; the possibility that future exploration,
development or mining results will not be consistent with Lucky strike’s expectations; accidents,
equipment breakdowns, title and permitting matters; labour disp utes or other unanticipated difficulties
with or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses;
uncertainties relating to the availability and costs of financing needed in the future, including to fund any
exploration programs on its projects; that Luckystrike may not be able to confirm historical exploration
results and other risks set forth in Luckystrike's public filin gs at www.sedar.com. In making the forward‐
looking statements in this news release, Luckystrike has applie d several material assumptions, including
the assumption that general business and economic conditions wi ll not change in a materially adverse
manner. There can be no assurance that Forward‐Looking Information will prove to be accurate, as actual
results and future events could differ materially from those an ticipated in such statements. Accordingly,
readers should not place undue reliance on Forward‐Looking Information. Except as required by law,
Luckystrike does not assume any obligation to release publicly any revisions to Forward‐Looking
Information contained in this news release to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.