No its not, its 1 for 1, just looked it up. Next time copy and paste the DD, this way people don't think you are making things up instead of just an honest mistake saying 2 for 1.
n July, 2009, the Company issued 60,000,000 Series E Preferred Shares in conjunction with its joint venture mining project. The shares have 1-for-1 voting rights with common shares and converts to common on a 1-for-1 basis