VANCOUVER, Sept. 24, 2014 /CNW/ - Equitas Resources
Corp. ("Equitas" or the "Company") (TSXv: EQT; FSE: T6U1) announces
that, further to its news release dated August 19, 2014 and the special shareholders
meeting held September 15, 2014, the
TSX Venture Exchange has accepted the consolidation of the common
shares of the Company on the basis of three (3) pre-consolidation
common shares for one (1) post-consolidation common share
(the "Consolidation"). The Consolidation will become
effective at the opening of the market on September 29, 2014.
Currently, a total of 51,037,415 common shares are issued and
outstanding. Accordingly, upon the Consolidation becoming
effective, a total of approximately 17,012,471 common shares will
be issued and outstanding. There is no maximum number of
authorized common shares.
Computershare Trust Company of Canada ("Computershare") will mail letters of
transmittal to the shareholders providing instructions on
exchanging pre-Consolidation share certificates for
post-Consolidation share certificates. Shareholders are
encouraged to send their share certificates, together with their
letter of transmittal, to Computershare in accordance with the
instructions in the letter of transmittal.
On Behalf of the Board of Directors
EQUITAS RESOURCES CORP.
"David Hodge"
David Hodge
President
Tel: 604.681.1568
Neither 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.
Forward-Looking Statements
This press release may
contain forward-looking statements, including but not limited to
comments regarding predictions and projections. Forward-looking
statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated in such statements.
SOURCE Equitas Resources Corp.