Talisker Announces Completion of Share Consolidation
Talisker Resources Ltd.
130 Adelaide Street West, Suite 3002
Toronto, Ontario M5H 1T1
TSK TSKFF
TSX OTCQX
Talisker Announces Completion of Share Consolidation
Toronto, Ontario, September 1, 2023 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK |
OTCQX:TSKFF) announces today that, further to its press release dated August 29, 2023, it has completed
the proposed consolidation of the Company’s issued and outstanding shares (“ Shares”) on the basis of
one post-consolidation Share for every five pre-consolidation Shares (the “Consolidation”).
As a result of the Consolidation, the number of issued and outstanding Shares will be reduced from
384,856,151 to approximately 76,971,230, subject to adjustment for rounding. The Shares will continue
to trade on the Toronto Stock Exchange (the “TSX”) under the symbol “TSK” and on the OTCQX under the
symbol “ TSKFF” on a post -Consolidation basis, under a new CUSIP numbe r - 87425A887. The
Consolidation was conditionally approved by the TSX and the Shares are expected to begin trading on
a post-Consolidation basis on the TSX when markets open on or about Wednesday, September 6, 2023.
Shareholders of record as of today’s date will receive a letter of transmittal from TSX Trust Company, the
transfer agent for the Shares, providing instructions for the exchange of their Shares as soon as
practicable. Until surrendered, each share certificate representing pre-Consolidation Shares will represent
the number of whole post -Consolidation shares to which the holder is entitled as a result of the
Consolidation.
For further information, please contact:
Terry Harbort
President and CEO
+1 416 357 0227
Matt Filgate
Vice President, Corporate Development
+1 778 679 3579
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bout Talisker Resources Ltd.
T
alisker (taliskerresources.com) is a junior resource company involved in the exploration of gold projects
in British Columbia, Canada. Talisker’s projects include the Bralorne Gold Comp lex and the Ladner Gold
Project, both advanced stage projects with significant exploration potential from historical high- grade
producing gold mines, as well as its Spences Bridge Project where the Company holds ~85% of the
emerging Spences Bridge Gold Belt, and several other early-stage Greenfields projects. With its properties
comprising 291,392 hectares over 487 claims, three leases and 197 crown grant claims, Talisker is a
dominant exploration player in south-central British Columbia.
C
aution Regarding Forward Looking Statements
C
ertain statements contained in this press release constitute forward -looking information. These
statements relate to future events or future performance and include statements regarding: the effect of
the Consolidation on the Company’s capital structure, including the number of Shares outstanding after
the Consolidation; and the expected trading date of the post-Consolidation Shares on the TSX. The use of
any of the words “could”, “intend”, “expect”, “believe”, “will”, “projec ted”, “estimated” and similar
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expressions and statements relating to matters that are not historical facts are intended to identify
forward-looking information and are based on Talisker’s current belief or assumptions as to the outcome
and timing of such f uture events. Various assumptions or factors are typically applied in drawing
conclusions or making the forecasts or projections set out in forward -looking information. Those
assumptions and factors are based on information currently available to Talisker. Although such
statements are based on reasonable assumptions of Talisker’s management, there can be no assurance
that any conclusions or forecasts will prove to be accurate.
Forward looking information involves known and unknown risks, uncertainties and other factors which
may cause the actual results, performance, or achievements to be materially different from any future
results, performance or achievements expressed or impl ied by the forward -looking information. Such
factors include risks relating to general business, economic, competitive, policy and social uncertainties,
and risks relating to the failure to receive all requisite regulatory approvals.
The forward-looking information contained in this release is made as of the date hereof, and Talisker is
not obligated to update or revise any forward -looking information, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors should not place undue reliance on
forward-looking information. The foregoing statements expressly qualify any forward-looking information
contained herein.