Novateqni to Complete Consolidation and Continuation
NOVATEQNI CORPORATION
Suite 510, 580 Hornby Street
Vancouver, British Columbia
V6C 3B6
NEWS RELEASE
NOVATEQNI TO COMPLETE CONSOLIDATION AND CONTINUATION
June 21, 2019 – Vancouver, British Columbia – NovaTeqni Corporation (TSXV: NTQ) (the
“Company”) announces that effective at the close of business on Monday, June 24, 2019, it will
complete a consolidation (the “Consolidation”) of i ts common share capital on a ten-for-one
basis, following which the Company is expected to have approximately 3,794,746 common
shares outstanding.
Concurrently with completion of t he Consolidation, the Company will continue (the
“Continuation”) its corporate existence into British Columbia under the name “NovaTeqni
Technology Corporation” and will be governed by the Business Corporations Act (British
Columbia). The Company is adopting the modified name in connection with the Continuation to
meet the naming requirements of the British Columbia Registrar of Companies.
At the opening of markets on Tuesday, June 25, 2019, the Company’s common shares will
trade on a post-Consolidation basis under the new name. T here will be no change to the
Company’s ticker symbol in connection with the Consolidation and the Continuation.
For further information regarding the Consolidation and the Continuation, readers are
encouraged to review the management information circular prepared by the Company in
connection with its annual general and special meeting held on May 21, 2019, a copy of which
is available under the Company’s profile on SEDAR (www.sedar.com).
For inquiries regarding the Company, contact Simon Cheng at
On behalf of the Board,
NOVATEQNI CORPORATION
Simon Cheng, Interim Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements
within, other than statements of historical fact, are to be considered forward looking. Although the Company believes
the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or developments may differ materially from
those in forward-looking statements. T here can be no assurances that such statements will prove accurate and,
therefore, readers are advised to rely on their own evaluation of such uncertainties. W e do not assume any
obligation to update any forward-looking statements except as required under the applicable laws.