RMANF - Roadman Announces TSX-V Approval of Share Consolidation
(TheNewswire)
Vancouver, British Columbia - The Newswire - January 24 , 2022 - RoadmanInvestments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) ("RoadmanInvestments'' or the "Company") a Canadian Venture Capitaland Advisory Firm, is pleased to announce that the TSX VentureExchange (the “TSXV”) has approved a share consolidation of theoutstanding capital of the Company’s common shares on the basis often (10) pre-Consolidation common shares for one (1)post-Consolidation common share (the “Consolidation”).
The Consolidation was effective at the open of the market todayJanuary 24, 2022 (the “Effective Date”). The Company will notchange its name as part of the Consolidation but will issue new sharecertificates under a new CUSIP number, which is 76973G206 ISIN: CA76973G2062. The Company’s common shares will continue to tradeon the Exchange under its current symbol, “ LITT ”.
The Company currently has 200,787,636 commonshares issued and outstanding. As at the Effective Date, the Companywill have approximately 20,078,764 post-Consolidated common shares issued and outstanding.
About Roadman Investments Corp.
Roadman Investments Corp. (“Roadman”) is a CanadianVenture Capital, Investment and Advisory Firm that strives to activelydrive innovation and accelerate growth for its shareholders. Roadmaninvests capital into private and public companies that offer excellentgrowth opportunities.
Roadman Contacts:
Luke Montaine
Cautionary and Forward-LookingStatements
This news release includes certain statements thatconstitute “forward-looking information” within the meaning ofapplicable securities law, including without limitation, otherstatements relating to the financial and business prospects of theCompany, and other matters.
Forward-looking statements address future events andconditions and are necessarily based upon a number of estimates andassumptions. These statements relate to analyses and other informationthat are based on forecasts of future results, estimates of amountsnot yet determinable and assumptions of management. Any statementsthat express or involve discussions with respect to predictions,expectations, beliefs, plans, projections, objectives, assumptions orfuture events or performance (often, but not always, using words orphrases such as “expects” or “does not expect”, “isexpected”, “anticipates” or “does not anticipate”,“plans”, “estimates” or “intends”, or stating that certainactions, events or results “may”, “could”, “would”,“might” or “will” be taken, occur or be achieved), andvariations of such words, and similar expressions are not statementsof historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a numberof factors that, if untrue, could cause the actual results,performances or achievements of the Company to be materially differentfrom future results, performances or achievements express or impliedby such statements. Such statements and information are based onnumerous assumptions regarding present and future business strategiesand the environment in which the Company will operate in the future,including the price of metals, anticipated costs and the ability toachieve goals, that general business and economic conditions will notchange in a material adverse manner, that financing will be availableif and when needed and on reasonable terms. While such estimates andassumptions are considered reasonable by the management of theCompany, they are inherently subject to significant business,economic, competitive and regulatory uncertainties and risks.
Factors that could cause actual results to differmaterially from those in forward looking statements include, but arenot limited to, continued availability of capital and financing andgeneral economic, market or business conditions, the loss of keydirectors, employees, advisors or consultants, increase in costs,litigation, failure of counterparties to perform their contractualobligations and fees charged by service providers. Investors arecautioned that forward-looking statements are not guarantees of futureperformance or events and, accordingly are cautioned not to put unduereliance on forward-looking statements due to the inherent uncertaintyof such statements. The forward-looking statements included in thisnews release are made as of the date hereof and the Company disclaimsany intention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise, except as expressly required by applicable securitieslegislation.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
Copyright (c) 2022 TheNewswire - All rights reserved.