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Monterey Minerals Announces Corporate Update


Monterey Minerals Announces Corporate Update
ACCESSWIRE
TORONTO, ON / ACCESSWIRE / July 16, 2021 /
Company or
Monterey ) (CSE:MREY and FSE:2DK ) today announces a corporate update pertaining to the issued and outstanding shares of the Company.
On April 14, 2021, the Company reported that its Board of Directors decided to cease work at the Alicia Project in the Philippines and sold the property back to the original property vendor. Since that time, the Company has been evaluating its options.
Effective July 23, 2021, Monterey will consolidate its outstanding common shares, on the basis of one (1) post-consolidation common share for every eighty (80) pre-consolidation common shares (
Reverse- Split ). In accordance with the provisions of the British Columbia Securities Act, the Monterey Board of Directors has approved the Reverse Split which will result in approximately 1,914,994 post-consolidation common shares remaining issued and outstanding. ....

New South Wales , United Kingdom , Western Australia , David Lees , Neither The Canadian Securities Exchange , Omineca Mining Division Of British Columbia , Company Or Monterey , Monterey Minerals Inc , Monterey Minerals , Alicia Project , British Columbia Securities Act , Monterey Board , Reverse Split , Cobalt Mountain Property , Omineca Mining Division , British Columbia , Pilbara Basin , Canadian Securities Exchange , புதியது தெற்கு வேல்ஸ் , ஒன்றுபட்டது கிஂக்டம் , மேற்கு ஆஸ்திரேலியா , டேவிட் லீஸ் , இல்லை தி கனடியன் பத்திரங்கள் பரிமாற்றம் , ஓமினெக சுரங்க பிரிவு ஆஃப் பிரிட்டிஷ் கொலம்பியா , நிறுவனம் அல்லது மான்டேரி , மான்டேரி தாதுக்கள் இன்க் ,