Toronto, Ontario–(Newsfile Corp. – December 2, 2014) – Highvista Gold Inc. (TSXV: HVV) ("Highvista" or the "Company") announces that it has finalized the share consolidation on the basis of one post-consolidated common share for every ten pre-consolidation common shares, as previously announced in a press release dated November 26, 2014. The share consolidation was approved at the Special Shareholders Meeting held on June 11, 2014. The share consolidation is now effective and the total outstanding share capital of the Company is now 3,988,190 common shares.
Letters of transmittal have been mailed out to all registered shareholders, asking all registered shareholders of the Company to send their original certificates representing the pre-consolidation common shares with a properly executed letter of transmittal to the transfer agent of the Company, which is Computershare Investor Services Inc. No fractional shares will be issued, and no cash consideration will be paid as a result of the share consolidation.
Shareholders who hold common shares with a broker or other intermediary and do not have share certificates will not be required to complete and return a letter of transmittal. All pre-consolidation common shares owned by such shareholders will automatically be adjusted as a result of the share consolidation and no further action is required to be taken by such shareholders.
About Highvista
Highvista owns 100% of a Mexican subsidiary that controls the 24,055 hectare Canasta Dorada Gold Project. This project is located in the Sonoran Gold Belt immediately adjacent to AuRico Gold's El Chanate Mine. Details of Highvista's Canasta Dorada Project can be viewed at the Company's website at www.highvistagold.com.
For further information, please contact:
Highvista Gold Inc. Paul Crath, President and CEO Tel: (416) 682-2674 Fax: (416) 504-4129
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