(TheNewswire)
Vancouver, Canada - TheNewswire – September24 th , 2021 – International Bethlehem Mining Corp.(“International Bethlehem” or the ”Company”) (TSXV NEX:IBC.H) is pleased toannounce that it intends to consolidate its common shares on up to aten (10) for one (1) basis (the “ Share Consolidation ”) and to change its name (the “Name Change” ).The board of directors of the Company has not yet determined the finalratio for the Share Consolidation, and a further news release will beissued once a decision has been reached. The Company currently has20,930,951 common shares outstanding, and assuming the ShareConsolidation was completed on a ten (10) for one (1) basis theCompany would have approximately 2,093,095 common shares outstanding. Completion of the Share Consolidation and Name Change are subject toapproval by the TSX Venture Exchange (the “ TSXV ”).
For further information,contact the Company at 1.877.844.4661.
Trading symbol: TSX-V NEX:IBC.H
International Bethlehem MiningCorporation
“Peter Berdusco”
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Peter Berdusco, President &CEO
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.
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When used in this news release,the words “anticipate”, “believe”, “estimate”,“expect”, “target, “plan”, “forecast”, “may”,“schedule” and other similar words or expressions identifyforward-looking statements or information. These forward-lookingstatements or information may relate to future prices of commodities,accuracy of mineral or resource exploration activity, reserves orresources, regulatory or government requirements or approvals, thereliability of third party information, continued access to mineralproperties or infrastructure, fluctuations in the market for gold, theintention to undertake the Share Consolidation and the Name Change,and other factors or information. Such statements represent theCompany’s current views with respect to future events and arenecessarily based upon a number of assumptions and estimates that,while considered reasonable by the Company, are inherently subject tosignificant business, economic, competitive, political and socialrisks, contingencies and uncertainties. Many factors, both known andunknown, could cause results, performance or achievements to bematerially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements. The Company does not intend, and does not assume anyobligation, to update these forward-looking statements or informationto reflect changes in assumptions or changes in circumstances or anyother events affections such statements and information other than asrequired by applicable laws, rules and regulations.
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