Vancouver, British Columbia (FSCwire) - Canyon Copper Corp. (“Canyon” or the “Company”) (TSX-V: CNC) announces that it has consolidated its issued and outstanding common shares at a ratio of three (3) pre-consolidated common shares to one (1) post-consolidation common share (the “Consolidation”). The purpose of the Consolidation was to facilitate the Company’s ability to attract future financings, generate greater investor interest and improve trading liquidity.
As a result of the Consolidation, the Company’s 19,759,802 pre-Consolidation common shares were consolidated to 6,586,601 post-Consolidation common shares issued and outstanding.
Registered shareholders of the Company will receive new share certificates under the new CUSIP number, which is 138763602.