"Company" or "StrikePoint") (TSX VENTURE: SKP) announces that its Board of Directors has
VANCOUVER, BRITISH COLUMBIA—(February 22, 2016) – StrikePoint Gold Inc. (the "Company" or "StrikePoint") (TSX VENTURE: SKP) announces that its Board of Directors has approved a ten (10) for one (1) share consolidation of its common shares. The Directors of the Company deem the share consolidation necessary to improve the ability of the Company to attract additional equity financings and assist in the acquisition of new projects of merit. Currently, StikePoint has 143,026,852 shares issued and outstanding and accordingly, upon completion of the share consolidation, the Company will have approximately 14,302,685 common shares issued and outstanding.
The share consolidation is subject to documentation in support being accepted for filing by the TSX Venture Exchange.
On Behalf of the Board of Directors of Strike Point Gold Inc.
Shawn Khunkhun, President and CEO Tel: (604) 602 1440 Email: [email protected]
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.