CA - Lincoln Gold Mining to implement 1-for-10 reverse stock split
- Lincoln Gold Mining ( OTCPK:LNCLF ) ( TSXV: LMG:CA ) is set to implement a 1-for-10 reverse stock split of its issued and outstanding share capital.
- The company said no fractional shares will be issued as any fractional share will be rounded to the nearest whole number.
- The consolidation is expected to reduce the company's outstanding shares from 38,663,248 to ~3,866,324, subject to rounding.
- The share consolidation is subject to final confirmation by the TSX Venture Exchange.
- Source: Press Release
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Lincoln Gold Mining to implement 1-for-10 reverse stock split