2020-04-07 01:56 ET - News Release Mr. Joel S
Post# of 4861
Mr. Joel Shacker reports
REWARDSTREAM TO CONSOLIDATE SHARE CAPITAL
RewardStream Solutions Inc.'s board of directors has approved a consolidation of its common share capital on a one-for-10 basis. The company currently has 17,483,123 common shares outstanding, and following completion of the consolidation, it is expected that the company will have approximately 1,748,312 shares outstanding --- this equals a one for ten reverse split.
The consolidation is intended to make the capital structure of the company more attractive to potential financing opportunities. The company will provide further details regarding the consolidation, along with the effective date, as soon as they become available. Completion of the consolidation remains subject to the approval of the TSX Venture Exchange.
We seek Safe Harbor.
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