AVPMF - Avrupa Minerals 4 for 1 Share Consolidation Approved
(TheNewswire)
Vancouver, BC – TheNewswire - December 18, 2020 - Avrupa Minerals Ltd.(TSXV:AVU) (OTC:AVPMF) announces that the TSX Venture Exchange (the“TSXV”) has approved the previously announced share consolidation(the “Consolidation”) of the Company’s common shares on thebasis of four (4) pre-Consolidation common shares for o ne (1) post-Consolidationcommon share. The Shareholders approved the Consolidation at theAnnual General Meeting held on December 14, 2020.
The Consolidation will be effective at the open of themarket on December 21, 2020 (the “Effective Date”). The Companywill not change its name as part of the Consolidation but will issuenew share certificates under a new CUSIP number, which is 05453A207(ISIN: CA05453A2074). The Company’s common shares will continue totrade on the TSXV under its current symbol “AVU”.
The Company currently has 130,952,363 common sharesissued and outstanding. As at the Effective Date, the Company willhave approximately 32,738,091 post-Consolidated common shares issuedand outstanding. All share purchase options and warrants currentlyoutstanding will also be consolidated by a factor of 4.
Avrupa Minerals Ltd. is a growth-oriented junior exploration and developmentcompany directed to discovery of mineral deposits, using a hybridprospect generator business model. The Company holds one 100%-ownedlicense in Portugal, the Alvalade VMS Project, now optioned to MATSAin an earn-in joint venture agreement. Avrupa focuses its projectgeneration work in politically stable and prospective regions ofEurope, presently including Portugal and Kosovo. The Companycontinues to seek and develop other opportunities aroundEurope.
For additional information, contact Avrupa Minerals Ltd. at1-604-687-3520 or visit our website at www.avrupaminerals.com .
On behalf of the Board,
Paul W. Kuhn, President & Director
This news release was prepared byCompany management, who take full responsibility for its content. Paul W. Kuhn, President and CEO of Avrupa Minerals, a LicensedProfessional Geologist and a Registered Member of the Society ofMining Engineers, is a Qualified Person as defined by NationalInstrument 43-101 of the Canadian Securities Administrators. He hasreviewed the technical disclosure in this release. Mr. Kuhn, the QP,has not only reviewed, but prepared and supervised the preparation orapproval of the scientific and technical content in the news release.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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