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TORONTO, ONTARIO--(Marketwired - Feb. 10, 2015) - Cadillac Ventures Inc. (TSX VENTURE:CDC)(OTC:CADIF) ("Cadillac" or the "Corporation") announced today its intention to complete a common share consolidation (the "Share Consolidation"), based on a ratio of ten (10) pre-consolidation common shares for one (1) post-consolidation common share. At Cadillac's Annual and Special Meeting of Shareholders held on November 20, 2014 the shareholders representing 99.6% of the shares voted at the meeting authorized the board of directors at their discretion to implement a Share Consolidation as described in the management information circular dated October 3, 2014. Articles of Amendment will be filed on February 12, 2015 giving effect to the Share Consolidation on the ratio aforementioned in this release. Currently the Corporation has 166,907,817 issued and outstanding common shares and post the Share Consolidation Cadillac will have 16,690,781 issued and outstanding common shares. |
