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Friday, 05/22/2020 12:15:31 PM

Friday, May 22, 2020 12:15:31 PM

Post# of 10535
What does it mean to consolidate shares?

Additionally, Shareholders approved, as a special resolution, authorizing the board of directors (the ("Board") to effect, at such time as the Board deems appropriate, the consolidation (the "Consolidation") of all of the issued and outstanding common shares of the Company (the "Common Shares") on the basis of one (1) post-consolidation Common Share for a number of Common Shares within a range of three and twenty pre-consolidation Common Shares as will be determined by the Board of the Company in its sole discretion.

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