Camino Minerals Provides Details Of Proposed Share Consolidation
Camino Minerals Corporation announces that its shareholders will be asked to approve a consolidation of the Company’s common shares on a ten old common shares for one new common share basis at a special meeting of the shareholders of the Company to be held on May 29, 2014. If approved by the shareholders, the Company’s board of directors will have the ability to implement the Share Consolidation. The Company currently has an aggregate of 96,265,432 common shares issued and outstanding. The Share Consolidation, as proposed and if effected today, would reduce the outstanding common shares to 9,626,543 common shares.