Gold Investing News » Cadan Resources Corp.’s Share Consolidation

Cadan Resources Corp.'s Share Consolidation

October 23, 2009 @ 10:45 am In Gold Company News

CADAN RESOURCES CORPORATION (TSX VENTURE:CNF) today announced that their shareholders approved the consolidation of all of the issued and outstanding common shares in the capital of the Company on a five old for one new basis. This event took place at the general meeting of its shareholders held on October 21, 2009.

The press release is quoted as saying:

A total of 62 shareholders holding 42,086,890 common shares voted at the Meeting with 38,680,020 shares (92.7%) voted in favour of the Consolidation and 3,030,370 shares (7.3%) voted against the Consolidation.

Click here to access the entire press release ^[1]

Click here to access Cadan Resources's Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Cadan-Resources-Corporation-TSX-VENTURE-CNF-1064706.html

[2] Click here to access Cadan Resources’s Corporate Site: http://www.cadanresources.com/