Markets

Aurcana Announces Shareholder Approval of Share Consolidation

Aurcana Corporation (AUN.V) announced approval of the proposed consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every eight pre-consolidation common shares.

At the special general meeting of shareholders held today, 92.7% of the shareholders of the company voted in favour of the consolidation and 7.3% voted against.

Subject to regulatory approval, the company anticipates completing the consolidation during April 2013.

AUN shares were unchanged at $0.68.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

MTNewswires

Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

Learn More