TSXV: DLV.H
VANCOUVER, BC, July 12,
2022 /CNW/ - DLV Resources
Ltd. ("DLV" or the "Company") (TSXV:
DLV.H) is pleased to announce that the Board of Directors of
the Company has approved a consolidation of its issued and
outstanding share capital on the basis of one (1) new common share
for every five (5) outstanding common shares (the
"Consolidation").
Subject to approval from the TSX Venture Exchange, the
Consolidation will be effective at the opening of the market on or
about Friday, July 15, 2022 (the
"Effective Date"). The Company will not change its name as
part of the Consolidation, but will issue new share certificates
under a new CUSIP number 23342T204. The Company's common
shares will continue to trade on the TSX Venture Exchange under its
current symbol "DLV.H".
The Company currently has 74,340,328 common shares issued and
outstanding. As at the Effective Date, the Company will have
approximately 14,868,066 common shares issued and
outstanding. No fractional shares will be issued under the
consolidation and any fraction will be rounded to the nearest whole
number.
ON BEHALF OF DLV RESOURCES LTD.
"Geir Liland"
Geir
Liland,
Chief Executive Officer
Neither the 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.
SOURCE DLV Resources Ltd.