Alba Minerals Ltd. Announces NAME Change and Share Consolidation
FOR IMMEDIATE RELEASE
ALBA MINERALS LTD. ANNOUNCES NAME CHANGE
AND SHARE CONSOLIDATION
Vancouver, British Columbia – April 8, 2020 – Alba Minerals Ltd. (“Alba” or the “Company”) (CSE: AA;
AXVEF:US; Frankfurt: A117RU) is is pleased to announce that effective at the open of trading on April 13,
2020, the consolidated shares of the Company will commence trading on the Canadian Securities Exchange
on the basis of 1 (one) new, post -consolidated share for every 10 (ten) old, pre-consolidated shares. The
Company will also be undergoing a name change to Caelan Capital Corp. and will trade under the new stock
symbol of “CDN”.
As at April 8, 2020, the Company has 6 7,424,508 common shares issued and outstanding. Post -
Consolidation, the Company will have approximately 6,742,450 shares issued and outstanding. An exact
number is unavailable due to the rounding down of fractioned shares. The Company’s new CUSIP number
is 12764J109 and the new ISIN number is CA12764J1093. No Shareholder approval is required under the
Company’s articles. A letter of transmittal will be mailed out to shareholders.
All shareholders with physical certificates in hand will be required to send their respective certificates
representing the pre -consolidated common shares to the Company’s transfer agent, TSX Trust Company
(“TSX Trust”), at 200 University Avenue, Suite 300, Toronto, Ontario, M5H 4H1 (by phone: 1-866-361-0152
ext.205 or by email: [email protected]). All shareholders who submit their pre-consolidated
share certificate(s) to TSX Trust will receive in return a new, post-consolidated share certificate(s).
About Alba Minerals Ltd.
Alba Minerals Ltd. is a Vancouver-based junior resource company with projects in North America. Alba is focused on the development of the
following mineral properties:
The Quiron II Lithium Property consists of 2,421 hectares of prospective lithium exploration in the Pocitos Salar, Province of Salta,
Argentina. The Property is located approximately 12 km northeast from the Liberty One Lithium Corp and 19 km from Pure Energy
Minerals Ltd.’s Pocitos Prospects.
The Rainbow Canyon Gold Property consists of 417 hectares of prospective gold exploration in the Olinghouse mining district, in the
Washoe County Nevada.
Please visit our web site for further information: www.albamineralsltd.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Sandy MacDougall”
Chairman & Director
Phone: (604) 662-7902
This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future events. Such forward - looking information can include without
limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors
that could cause the Company’s actual results to differ materially from those expressed or implied by such forward look ing statements; the uncertainty of future profitability; and the uncertainty of
access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the f orward-looking
information. Actual results and future events could differ materially from anticipated in such information. These and all sub sequent written and oral forward - looking information are based on
estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information
should circumstance or management’s estimates or opinions change.
Neither the Canadian Securities Exchange (“ CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for th e adequacy or accuracy of this
release.
CSE: AA
OTC: AXVEF
Frankfurt: A117RU