Aldever Resources Inc. Completes 3:1 Share Consolidation
ALDEVER RESOURCES INC. 2200 HSBC Building – 885 West Georgia St, Vancouver, BC, V6C 3E8 www.aldever.com
ALDEVER RESOURCES INC. COMPLETES 3:1 SHARE CONSOLIDATION
October 11, 2016 – Aldever Resources Inc. (TSXV.ALD, US OTC: ALDVF and Frankfurt: 17G1) (“Aldever” or the “Company”) is pleased to announce that effective at the open of trading on October 12, 2016, the consolidated shares of the Company will commence trading on the TSX Venture Exchange on the basis of 1 (one) new, post-consolidated share for every 3 (three) old, pre-consolidated shares. The Company will also be keeping its current name and stock symbol.
As at October 11, 2016, the Company had 82,483,710 common shares issued and outstanding. Post consolidation, the Company will have 27,494,570 shares issued and outstanding. The Company’s new CUSIP number is 01438U202 and the new ISIN number is CA01438U2020. As per the Company’s articles and subsequent TSX Venture Approval, no shareholder approval was required for this consolidation. 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).
For further information, please contact:
Clive Massey, President Aldever Resources Inc.
Phone: (604) 622-1199
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. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.