News
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AM Gold Inc. to Commence Trading on Post-Consolidated Basis January 19, 2016
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January 18, 2016
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AM GOLD INC. (TSX-V: AMG; Frankfurt: AMX) ('AM Gold' or the 'Company') announces that effective as of the opening of trading on the TSX Venture Exchange, on Tuesday, January 19, 2016, the Company will commence trading its common shares on a consolidated basis of one (1) post-consolidated common share for every five (5) pre-consolidated common shares held (the 'Consolidation') under new CUSIP number 001705300 and new ISIN number CA0017053004.
The Company's name and symbol will remain the same.
The Company's current issued and outstanding share capital is 15,119,784 common shares and the Company will have approximately 3,023,956 common shares issued and outstanding post-consolidation. The exact number of post-consolidated shares will vary depending on the treatment of fractional shares which will occur when each shareholder's holding in the Company are consolidated.
A letter of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company on January 19, 2016. All registered shareholders will be required to send their respective certificates representing the pre-consolidated common shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc. ('Computershare') in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through Computershare (Shareholder Services 1-800-564-6253). All shareholders who submit a duly completed letter of transmittal along with their respective pre-consolidated common share certificate(s) to Computershare will receive a Direct Registration Advice representing post -consolidated common shares of the Company.
About AM Gold
AM Gold Inc. is a publicly held resource company based in Vancouver, Canada. The company is listed on the TSX Venture Exchange under the symbol AMG and is quoted on the Frankfurt Exchange under the symbol AMX.
More information on AM Gold is available at www.amgold.ca.
ON BEHALF OF AM GOLD INC.
'John Fiorino'
___________________
John Fiorino
Chief Executive Officer
AM GOLD INC.
For further information on AM Gold, please contact Murray Caruth at 1-604-646-0067 or by email at [email protected], or visit AM Gold's website at: http://www.amgold.ca.
Cautionary Statement Regarding 'Forward-Looking' Information
Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as 'expects', 'intends', 'is expected', 'potential', 'suggests' or variations of such words or phrases, or statements that certain actions, events or results 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.