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HomePress ReleaseEIN PresswireFIRST POTASH ANNOUNCES COMPLETION OF SHARE CONSOLIDATION

FIRST POTASH ANNOUNCES COMPLETION OF SHARE CONSOLIDATION


TORONTO, ONTARIO, CANADA, June 1, 2022 /EINPresswire.com/ — First Potash Corp. (the “Firm”) is happy to announce that, efficient as of as we speak, it has accomplished a consolidation of the Firm’s issued and excellent widespread shares (every, a “Frequent Shares” and, collectively, the “Frequent Shares”) on the idea of 1 post-consolidation Frequent Share for each 500 pre-consolidation Frequent Shares (the “Consolidation”). The Consolidation was authorised by the Firm’s board of administrators on March 27, 2022.

Previous to the Consolidation, the Firm had 299,357,691 Frequent Shares issued and excellent. On account of the Consolidation, the Firm has roughly 598,718 Frequent Shares issued and excellent. Any ensuing fractional share entitlement remaining after the Consolidation that’s lower than one-half of 1 (0.5) Frequent Share will probably be cancelled and every fractional Frequent Share that’s at the least one half of 1 (0.5) Frequent Share will probably be modified to 1 (1) entire Frequent Share.

About First Potash Corp.

First Potash Corp. is a mineral exploration firm with minimal present actions or operations and isn’t presently listed on a inventory alternate.

For extra info on First Potash Corp.:

Bennett Kurtz

CEO, CFO & Director

Phone: 416 200-0657

Electronic mail: bkurtz@kurtzfinancial.com

Ahead-Wanting Data and Cautionary Statements

This press launch comprises “forward-looking statements”. Ahead-looking statements may be recognized by phrases equivalent to: anticipate, intend, plan, objective, search, imagine, challenge, estimate, count on, technique, future, seemingly, could, ought to, will and comparable references to future intervals. Ahead-looking statements are neither historic info nor assurances of future efficiency. As a substitute, they’re based mostly solely on our present beliefs, expectations and assumptions concerning the way forward for our enterprise, future plans and techniques, projections, anticipated occasions and traits, the economic system and different future situations. As a result of forward-looking statements relate to the long run, they’re topic to inherent uncertainties, dangers and adjustments in circumstances which can be tough to foretell and plenty of of that are exterior of our management. Our precise outcomes and monetary situation could differ materially from these indicated within the forward-looking statements. Due to this fact, you shouldn’t depend on any of those forward-looking statements. The forward-looking statements and knowledge are based mostly on sure key expectations and assumptions made by the Firm. Any forward-looking assertion made by us on this press launch is predicated solely on info presently accessible to us and speaks solely as of the date on which it’s made. Besides as required by relevant securities legal guidelines, we undertake no obligation to publicly replace any forward-looking assertion, whether or not written or oral, which may be made once in a while, whether or not because of new info, future developments or in any other case.

Bennett Kurtz
First Potash Corp.
+1 416-200-0657
electronic mail us right here





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