Maxim Resources (MXM) News Release
I must say it has been a long time since I have seen a share price go up on the announcement of consolidation. The shares are trading at a premium to the PP Unit offering price.
Regards Colin
Maxim Resources - Share Consolidation
Vancouver, B.C. - Maxim Resources Inc. ("Maxim" or the "Company") is pleased to announce that, effective Thursday, July 29, 2010, it will complete the consolidation of its common shares on the basis of one (1) new post consolidation share for every four (4) current pre consolidation common shares, previously announced on June 25, 2010. A new CUSIP number of 577757 206 replaces the old CUSIP number of 577757 107, to distinguish between the pre- and post-consolidated shares. The Company's name and trade symbol will remain unchanged.
Commencing at opening of trading on Thursday, July 29, 2010, the common shares of the Company will trade on a post consolidation basis on the TSX Venture Exchange. Following the consolidation there are expected to be 17,621,992 post consolidation shares outstanding.
On behalf of the Board
"Arthur Brown"
President and CEO
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Maxim Resources Inc.
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CODE : MXM.V |
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Maxim Res. est une société d’exploration minière et de pétrole basée au Canada. Maxim Res. est en développement de projets de gaz en Australie. Son principal projet en production est SELLHEIM GOLD en Australie et son principal projet en développement est SOUTH ERIN BLOCK en Australie. Maxim Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 292 050 CA$ (218 813 US$, 209 404 €). La valeur de son action a atteint son plus haut niveau récent le 30 décembre 2005 à 1,10 CA$, et son plus bas niveau récent le 16 décembre 2016 à 0,01 CA$. Maxim Res. possède 58 410 000 actions en circulation. |