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Virgin Metals Inc.: Announces Approval of Share Consolidation
Aug. 27, 2010 10:51PM PST
Base Metals Investing Virgin Metals Inc. (CVE:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.
Virgin Metals Inc. (TSXV:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.
The press release is quoted as saying:
Virgin Metals is a junior exploration and development company; its projects include two copper-molybdenum porphyry properties in Sonora, northern Mexico. One of these, Los Verdes, has been the subject of a pre-feasibility study while the other, Cuatro Hermanos, has been the focus of an intense exploration effort.
Click here to access the entire press release