Canyon Announces Proposed Share Consolidation
TSXV: CNC
Suite 408 – 1199 West Pender Street • Vancouver, B.C. • V6E 2R1
TEL (604) 331-9326 • FAX (604) 684-9365
CANYON ANNOUNCES PROPOSED SHARE CONSOLIDATION
VANCOUVER, BC, July 14, 2017.
Canyon Copper Corp. (“Canyon” or the “Company” ) (TSX-V: CNC) announces that it intends to consolidate its
issued and outstanding common shares at a ratio of three (3) pre -consolidated shares to one (1) post -
consolidation share (the “Consolidation”). The purpose of the Consolidation is to facilitate the Company’s ability to
attract future financings, generate greater investor interest and improve trading liquidity.
The Company c urrently has 19,759,802 common shares issued. Upon completion of the Consolidation, the
Company anticipates there will be 6,586,601 common shares issued and outstanding.
In accordance with the Company’s Articles, the Consolidation does not require the ap proval of the s hareholders.
The Consolidation is subject to acceptance from the TSX-V.
On behalf of the Board of Directors,
“Stephen Wallace”
CANYON COPPER CORP.
Stephen Wallace, CEO
Contact:
Canyon Copper Corp.
Investor Relations
1-888-331-9326
(604) 331-9326
(604) 684-9365 (FAX)
Cautionary Statement Regarding Forward Looking Information
This News Release may contain, in addition to historical information, forward -looking statements. These f orward-looking statements are
identified by their u se of terms and phases such as “ believe,” “expect,” “ plan,” “anticipate” and similar expressions identifying forward -looking
statements. Investors should not rely on forward -looking statements because they are subject to a variety of risks, uncertainties and other
factors that could cause actual results to differ materially from Canyon's expectations, and expressly does not undertake any duty to update
forward-looking statements. These factors include, but are not limited to the following, limited operating history, proposed exploration and/or
drill programs and other factors which may cause the actual results, performance or achievements of Canyon to be materially different from any
future results, performance or achievements expressed or implied by such forward-looking statements.
NEITHER 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.