Bam Bam Announces 3 for 1 Stock Split
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Press Release January 13, 2021
Bam Bam Announces 3 for 1 Stock Split
VANCOUVER, BC — January 13, 2021 — Bam Bam Resources Corp. (CSE: BBR / OTC:
NPEZF / FSE: 4NPB) (“Bam Bam” or the “Company”) is pleased to announce that
its board of directors has approved a three for one stock split of the Company’s
common shares (the “Stock Split”) held by shareholders as of February 23, 2021 (the
“Record Date”). Consequently, shareholders as of the Record Dat e will receive, on
March 2, 2021 (the “Payment Date”), two additional common shares for each
common share held. In accordance with the Company’s Articles, shareholder approval
was not required for the Stock Split. The Company will not be changing its name,
CUSIP or its current trading symbol in connection with the Stock Split.
The Company’s common shares are expected to begin trading on a split -adjusted
basis on or around February 22, 2021.
David Greenway, President & CEO commented: “We initiated this share split to
enhance trading volume for the stock and assist in acquiring new shareholders for
the three exchanges we are listed on. This split will also grant existing shareholders
a larger position with the Company and add to the excitement for the upcoming year
and our initiative.”
Shareholders do not need to take any action. The Company's transfer agent will send
to all registered shareholders, on the Payment Date, a notice under the direct
registration system indicating the number of additional common shares that they
received as a result of the Stock Split. These additional common shares will be held
in book-entry form and registered electronically in the transfer agent's recordkeeping
system, unless a physical share certificate is requested by the registered shareholder.
Currently outstanding share certificates representing common shares of the Company
will continue to be effective. They should be retained by registered shareholders and
should not be forwarded to the Company or its transfer agent. Non -registered
shareholders will have their brokerage accounts automatically updated to reflect the
Stock Split.
After giving effect to the Stock Split, the Company will have approximately
64,994,853 common shares outstanding. The Company’s authorized share capital
will remain unchanged.
Outstanding stock options, RSUs and share purchase warrants will also be adjusted
by the Stock Split ratio and the respective exercise prices of outstanding stock options
and share purchase warrants will be adjusted accordingly.
About Bam Bam Resources Corp.
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Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB) is engaged in the
identification, review and acquisition of latter stage copper and copper/gold assets.
The flagship project is the Majuba Hill copper gold project located 156 miles outside
Reno, Nevada, USA. Management has been mandated to focus on safe , mining
friendly jurisdictions and government regulations supportive of mining operations.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for
the adequacy or accuracy of this release.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipat es", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although Bam Bam Resources Corp. believes
the expectations expressed in such forward-l ooking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Bam Bam
Resources Corp. management on the date the statements are made. Except as required by law, Bam Bam Resources
Corp. undertakes no obligation to update these forward- looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change.