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Breakwater Resources Ltd. Receives Shareholder Approval to Consolidate Shares Ten Old for One New
Jun. 08, 2010 02:35PM PST
Base Metals Investing Breakwater Resources Ltd. (TSX:BWR)(TSX:BWR.WT.A) has received the approval of shareholders, at the Annual and Special Meeting of the Company held June 8, 2010, to consolidate the issued and outstanding common shares of Breakwater on the basis of one post-consolidation Common Share for every 10 pre-consolidation Common Shares issued and outstanding.
Breakwater Resources Ltd. (TSX:BWR)(TSX:BWR.WT.A) has received the approval of shareholders, at the Annual and Special Meeting of the Company held June 8, 2010, to consolidate the issued and outstanding common shares of Breakwater on the basis of one post-consolidation Common Share for every 10 pre-consolidation Common Shares issued and outstanding.
The press release is quoted as saying:
Breakwater is a mining, exploration and development company which produces and sells zinc, copper, lead and gold concentrates to customers around the world. The Company’s concentrate production is derived from three mines in Chile, Honduras and Canada. Breakwater’s Langlois mine in Québec, Canada is currently on temporary care and maintenance.
Click here to access the entire press release