Vatic Announces 10:1 Rollback
VATIC VENTURES CORP.
VATIC VENTURES CORP.
1500-1040 WEST GEORGIA STREET
VANCOUVER, BC V6E 4H1
CANADA
PHONE: (778) 373-6972
FAX: (604) 689-1288
EMAIL: [email protected]
VATIC ANNOUNCES 10:1 ROLLBACK
Vancouver, B.C., April 19, 2021 - Vatic Ventures Corp. (the "Company" or "Vatic") (TSXV: VCV; FRA:
V8V3) announces that, subject to all regulatory approvals, it intends to amend its share structure by
consolidating its issued and outstanding common shares on the basis of 1 (one) post consolidation shares for
each 10 (ten) pre-consolidation shares (the “Consolidation”).
The board of directors of the Company believes that the Consolidation is necessary to better position the
Company for future corporate development opportunities and financing transactions. There will be no name
change in conjunction with the Consolidation.
The Company currently has 43,823,695 common shares issued and outstanding. Following the Consolidation,
it is anticipated that the Company will have approximately 4,382,370 common shares issued and outstanding,
and continue to trade on the NEX Boards of the TSX Venture Exchange under the existing stock symbol
“VCV.H”.
The exercise or conversion price and the number of common shares issuable under any of the Company’s
outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in
accordance with their respective terms thereof. No fractional common shares will be issued pursuant to the
Consolidation, and any fractional common shares that would otherwise be issued will be rounded down or up
to the nearest whole number.
ABOUT VATIC VENTURES CORP.
The Company is actively reviewing and evaluating exploration and development opportunities in the mineral
resources industry.
ON BEHALF OF THE BOARD OF DIRECTORS OF VATIC VENTURES CORP.
"Loren Currie"
Loren Currie, Director
"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." The information contained herein contains "forward-looking
statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions
of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-
looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to
differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking
statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or
revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.