2013-0710 - Consolidation - Maxtech Ventures Inc. (MVT)
July 24, 2013
Maxtech Ventures Inc. has announced its intention to consolidate its issued and outstanding share capital on the basis of three (3) current shares for 1 new share. Any fractional share remaining after giving effect to the aforementioned consolidation that is less than one-half of one share shall be deemed to be cancelled and each fractional share that is at least one-half of one share shall be deemed to be changed to one whole share.
As a result, the outstanding common shares of the company will be reduced to approximately 11,216,334. The record date and effective date for the share consolidation is Monday, July 29, 2013.
The shares will begin trading on a consolidated basis and with a new CUSIP number on Thursday, July 25, 2013. The name and symbol will not change.
Please note that all open orders will be cancelled at the end of business on today, July 24, 2013. CNSX Dealers are reminded to re-enter their orders taking into account the share consolidation.
Trading on a Consolidated Basis: Thursday, July 25, 2013
Record Date: Monday, July 29, 2013
NEW CUSIP: 577728207
NEW ISIN: CA 5777282073
If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: Radhika@cnsx.ca