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Messina Minerals Share Consolidation
Published : February 19, 2013
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Mots clés associés :   Canada | Copper | Zinc |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2013) - Messina Minerals Inc. (News - Market indicators) ("Messina" or the "Company") has received approval from the TSX Venture Exchange to implement the share consolidation of the issued and fully paid common shares of the Company on the basis of five (5) pre-consolidation common shares for one (1) post-consolidation common share effective at the opening of the market on February 20, 2013. No fractional shares will be issued in connection with the consolidation and any fractional shares resulting from the consolidation will be eliminated.

The Company currently has 62,915,810 common shares outstanding and, following the share consolidation on a one for five basis, will have 12,583,162 shares outstanding. There will be no name change in conjunction with the share consolidation. The change in the number of issued and outstanding common shares that will result from the share consolidation will not materially affect any shareholder's percentage ownership in Messina, although such ownership would be represented by a smaller number of common shares.

The Company currently has 3,900,000 outstanding share purchase warrants of which 2,500,000 are exercisable at $0.12 per share and 1,400,000 are exercisable at $0.10 per share. As a consequence of the share consolidation, the total number of warrants outstanding will be 780,000 comprised of 500,000 outstanding warrants with adjusted exercise price of $0.60 per share and 280,000 warrants with adjusted exercise price of $0.50 per share.

The Company also has outstanding stock options to purchase up to 2,200,000 common shares of the Company issued to directors, officers, consultants and employees of the Company. Resulting from the consolidation, the options outstanding will be 440,000 and the exercise prices of these options will be adjusted in accordance with the consolidation ratio.

A letter of transmittal will be sent by mail to shareholders advising that the share consolidation has taken effect and instructing shareholders to surrender the certificates evidencing their common shares for replacement certificates representing the number of common shares to which they are entitled as a result of the consolidation. Until surrendered, each 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.

The shareholders of Messina approved the implementation of the proposed share consolidation at the Company's annual general meeting held on February 23, 2012. At a subsequent meeting of the Board of Directors of Messina approval was given for consolidation of the issued and fully paid common shares on a 1 for 5 basis. Further details regarding the share consolidation are contained in the Company's Information Circular dated January 10, 2012, which has been filed under the Company's profile on SEDAR at www.sedar.com

About Messina

Messina Minerals Inc. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol "MMI". The Company has completed NI 43-101 complaint technical reports for zinc-lead-copper-silver-gold mineral resources at "Boomerang", "Domino", and "Main Zone" on the Glitter Project located in central Newfoundland, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS OF MESSINA MINERALS INC.

Peter Tallman, President

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.

Messina Minerals Inc.
Peter Tallman
President
(604) 688-1508
(604) 629-7971 (FAX)
info@messinaminerals.com
www.messinaminerals.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Messina Minerals Inc.

EXPLORATEUR
CODE : MMI.V
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Messina Min. est une société d’exploration minière de zinc et de plomb basée au Canada.

Messina Min. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont PUKASKA, LONG LAKE, HAVEN STEADY PROPERTY, COSTIGAN LAKE PROJECT, VICTORIA RIVER PROJECT, BOBBY'S POND PROJECT, HEALY BAY, TOPSAILS PROJECT, DANIELS HARBOUR, SUTHERLANDS POND, HUNGRY HILL, YORK HARBOUR, TULKS SOUTH - HURRICANE, TULK SOUTH - DOMINO, TULK EAST B ZONE, TULK SOUTH BOOMERANG, TULK EAST A ZONE, TULK LONG LAKE MAIN ZONE, SKIDDER, JAMES BAY LOWLANDS CLAIMS et PUKASKWA au Canada.

Messina Min. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 754 980 CA$ (709 455 US$, 518 966 €).

La valeur de son action a atteint son plus haut niveau récent le 30 décembre 2005 à 4,13 CA$, et son plus bas niveau récent le 01 février 2013 à 0,01 CA$.

Messina Min. possède 12 583 000 actions en circulation.

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Rapports annuels de Messina Minerals Inc.
Annual Report 2007
Financements de Messina Minerals Inc.
15/10/2009Closing of Private Placement
25/09/2009Announces Private Placement
08/06/2009Closing of Private Placement
28/09/2007Closes $7 Million Private Placement
20/09/2007 Announces $7 Million Private Placement
Projets de Messina Minerals Inc.
20/12/2013Canadian Zinc Completes Messina Minerals Inc. Acquisition
17/04/2012(Long Lake)Announces Filing of NI 43-101 Technical Report for the Long ...
13/03/2012(Long Lake)Announces Initial Zinc Resource Estimate at the Long Lake Ma...
09/01/2012Drilling Update at Brook Zone, Victoria Property
16/12/2011Commences Drilling at Brook Zone, Victoria Property
24/10/2011Commissions NI43-101 Resource Estimate on Main Zone, Centra...
04/11/2009(Tulk South Boomerang)Identifies New Targets at Boomerang
02/11/2009(Daniels Harbour)Acquires New Zinc Property at Daniels Harbour NL
20/10/2009(Daniels Harbour)Grab Sample Results from Daniels Harbour NL
10/08/2009(Haven Steady Property)Prospecting Results at Haven Steady, NL
16/07/2009(York Harbour)Prospecting Results at York Harbour, NL
05/05/2008(Tulk South - Domino)Positive Geophysics Results at Boomerang
06/11/2007 Boomerang Area Exploration
01/11/2007 Intersects 10.1% Zinc, 2.3% Lead, 0.5% Copper over 3.6 m at...
22/10/2007 Intersects 10.8% Zinc, 1.3% Lead, 0.7% Copper over 3.92 m a...
10/09/2007Drilling Results at Long Lake East
06/09/2007Domino, Hurricane, and TouchDown Drilling Results
23/08/2007(Long Lake)Initial Drilling Results at Long Lake
08/08/2007Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder
12/07/2007Intersects 5.75 meters of 2.7% Copper, 0.9% Zinc at Skidder
13/06/2007Agrees to Acquire Victoria River Property from Altius Resour...
12/06/2007Infill Intersects Boomerang: 4.25 meters of 9.1% Zinc, 8.2% ...
29/05/2007 Infill Intersects Boomerang: 11.93 meters of 8.7% Zinc, 8.1...
08/05/2007Discovers New Massive Sulphide Zone at TouchDown
20/04/2007Intersects Boomerang: 6.8 meters of 18.0% Zinc, 4.4% Lead, 0...
Communiqués de Presse de Messina Minerals Inc.
17/12/2013Shareholders Approve Arrangement
22/10/2013Announces Update on Agreement with Canadian Zinc
12/09/2013CANADIAN ZINC AND MESSINA MINERALS ANNOUNCE AGREEMENT ON PRO...
19/02/2013Share Consolidation
24/01/2013Announces Share Consolidation; Adoption of Advance Notice Po...
21/02/2012Intersects 5.5% Copper over 4 meters at Brook Zone, Victori...
14/04/2011to Acquire New Victoria Copper Properties, Central Newfoundl...
21/05/2008Messina Minerals Begins Drilling near Boomerang
07/05/2008Launch New Website
29/02/2008Results of AGM
03/01/2008Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long L...
21/11/2007Drills 15.7% Zinc, 2.7% Lead, 3.8% Copper over 2.1 m at Long...
19/11/2007 Retains Investor Relations Firm
30/10/2007 Discovers 12.3% Zinc, 0.9% Lead, 1.7% Copper over 5.35 m at...
04/10/2007Drilling Long Lake
03/10/2007 Drilling Tulks East
27/09/2007option to acquire an interest in Messina's Long Lake Reid Lo...
21/06/2007Reports Mineral Resources at Boomerang/Domino, Newfoundland
31/05/20072007 Exploration Program
05/04/2007Resource and Exploration Updates
15/03/2007Increases "Hurricane" Thickness: 15.3 meters of 13.0% Zinc, ...
24/02/2007welcomes Mr. Gordon Ulrich to theposition of DirectorCorpora...
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