On August 21, 2012, the Company announced having
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On August 21, 2012, the Company announced having filed a Supplemental Information Disclosure
Statement with OTC Markets confirming FINRA approval of the Board of Directors’ request of a 1-for-
2000 reverse split of the Company’s issued and outstanding common shares.
The approved reverse split – effective upon market’s opening, August 16, 2012 –
consolidated every 2,000 common shares into one common share, par value of $0.01 per
share. Both the authorized common and the authorized and issued preferred shares were
unaffected by this action.
Franklin Mining, Inc’s new CUSIP is 353879208; prior to August 16, 2012, CUSIP was 353879.
As a result of the above action, Franklin’s outstanding common shares were reduced from
198,103,400,000 to 99,051,487 after rounding-up all fractional shares to the next whole.
In May 2010, Franklin’s Board of Directors announced their authorization of a 1-for-2000 reverse split of the Company’s issued and outstanding common shares.