ACCESS Newswire
21 Feb 2020, 03:38 GMT+10
VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Universal Copper Ltd. ('UNV', 'Universal Copper' or the 'Company') (formerly Tasca Resources Ltd.) (TSXV:UNV) is pleased to announce that pursuant to Directors' approval and TSX Venture Exchange acceptance, the Company has consolidated its capital on a three (3) old for one (1) new basis. (New Cusip Number 913454203).
The Company's name and symbol will remain unchanged.
Effective at the opening on Friday, February 21, 2020, the common shares of Universal Copper Ltd., will commence trading on the TSX Venture Exchange on a consolidated basis with a new Cusip number 913454203. The Company is classified as a ‘Mineral Exploration / Development' company. A letter of transmittal will be sent to all shareholders of record, a copy of which will be available under the Company's profile on www.Sedar.com.
Post Consolidation capitalization will consist of unlimited shares with no par value of which 12,784,091 shares are issued and outstanding. There are no shares held in Escrow.
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: UNV (same)
CUSIP Number: 913454203 (new)
For additional information please visit the Company's website at www.universalcopper.com
ON BEHALF OF THE BOARD OF DIRECTORS
'Clive Massey'
Clive H. Massey
President & CEO
For further information, please contact:
Investor Relations
Phone: (604) 644-6794
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed 'forward-looking' statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although Universal Copper Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Universal Copper Ltd. management on the date the statements are made. Except as required by law, Universal Copper Ltd. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
###
SOURCE: Universal Copper Ltd.
Get a daily dose of Toronto Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Toronto Telegraph.
More InformationFRANKFURT, Germany: Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade...
YOKOSUKA, Japan: Facing mounting losses and global restructuring, Japan's Nissan Motor Corp. is turning to its unique e-Power hybrid...
NEW YORK, New York - U.S. stock markets see-sawed Thursday as the judicial system became a key player in Donald Trump's trade wars....
PARIS, France: French farmers brought traffic to a crawl around Paris and gathered outside the National Assembly on May 26, using their...
HANOI, Vietnam: Amid shifting global trade dynamics and growing concerns over U.S. tariffs, France and Vietnam have signed more than...
NEW YORK, New York - U.S. stocks were weaker Wednesday, following Tuesday's heady gains when the Dow Jones jumped 741 points. Bond...
TORONTO, Canada - Tens of thousands of people from across Canada have marched in support of Israel in a massive turnout in Toronto....
BOSTON, Massachusetts: U.S. President Donald Trump's administration has taken away Harvard University's right to enroll international...
The Geneva meeting was helpful, but it did not make all problems go away. Continued struggles may still lie ahead. China has shown...
Barrick has said its employees remain in detention in Mali, and exports from its mine have been blocked for months Canadian company...
Washington [US], May 30 (ANI): Singer Shawn Mendes announced his upcoming On the Road Again Tour, set to celebrate 10 years since his...
Critics warn that vulnerable people may feel pressured to end their lives France's lower house of parliament has approved a controversial...