VANCOUVER, BC -- (Marketwired - December 05, 2014) -
Columbus Copper Corp. (TSX VENTURE: CCU) ("Columbus Copper") announces that it has received the approval of the TSX Venture Exchange for the 1 for 10 share consolidation first announced in Columbus Copper's news release of November 21, 2014. The share consolidation will be effective as of December 5, 2014.
A letter of transmittal is being mailed to shareholders advising that: (i) the consolidation has taken effect; and (ii) shareholders holding physical share certificates should surrender their existing share certificates (representing pre-consolidation common shares) for replacement share certificates (representing post-consolidation common shares). Until surrendered, each existing share certificate will be deemed, for all purposes, to represent the number of common shares to which the holder thereof is entitled as a result of the consolidation.
ON BEHALF OF THE BOARD
David Cliff
President & CEO
Neither the 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.
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Columbus Copper 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 or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Columbus Copper undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
For more information contact:
Columbus Copper Corp.
Investor Relations
604-634-0970 or
1-888-818-1364
info@columbusgroup.com
