Trigon Uranium Corp. announces share consolidation

email Email  Print Print  
Thu, Nov 5, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Trigon Uranium Corp. reports that the Company has completed its previously announced share consolidation effective October 30, 2009.

Trigon currently holds 15,000,000 shares of Intercontinental Potash Corp., which is equivalent to an ownership of approximately 36.8% of ICP. Trigon is now bidding for the shares of ICP which it does not own, approximately 25,800,001 shares. These ICP shares are being acquired on the basis of one consolidated Trigon share per one ICP share. It is anticipated that this acquisition will be completed on or around November 20, 2009, and that the trading in the shares of Trigon will commence shortly thereafter. Additionally, the Company has filed for and received a new CUSIP number for the Company’s common stock which has changed to 89619C208. Further details of the acquisition are are set out in the management information circular of the Company dated as of September 28, 2009 (the “Circular”) available on SEDAR at www.sedar.com

For full details of this press release, click this link.

Uranium Investing News researchers discovered Trigon Uranium’s project described on their website.

Follow developments in uranium mining and exploration for free.

Sign on to the Uranium Investing Newsletter.

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Comments on this Article

  1. Mike Brown Says:

    My wife and i invested $1000 approximately 2yrs. ago. Since the aquisition where would i find my current investment status (Michael S. Brown 1599 Manitou Rd. Rochester New York)

  2. Mike Rodger Says:

    Mr. Brown,

    Your brokerage company should automatically change the symbol of the company and the number of shares showing in your account. This may take up to a couple of weeks depending on your broker and how the shares are purchased. Most brokerage companies will allow trading under the new symbol, based on the new share structure, even if what shows in your account does not yet reflect the changes. Please contact your broker for details.

    If you have an actual share certificate, you should contact the transfer agent to receive a replacement share certificate. From http://www.sedar.com, the company’s transfer agent is Computershare Trust Company of Canada. You can find their contact information here http://www.computershare.com/.

    Mike Rodger
    Dig Media

Leave a Comment

What is Uranium Investing News' Comment Policy?
Uranium Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

  • Are abusive, off-topic, use excessive foul language
  • Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
  • Contain racist, sexist, homophobic and other slurs
  • Are solicitations and/or advertising for personal blogs and websites
  • Thread spamming (you've posted this same comment elsewhere on the site)
  • Are posted with the explicit intention of provoking other commenters or the staff at Uranium Investing News
  • Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.
Asides
  • Conferences and Trade Shows: For more information on the uranium market and companies, add the U2009 Global Uranium Symposium conference May 9-13, 2009 in Keystone, CO to your calendar.  Other shows include: Cambridgehouse, IIC, Chicago Resource Expo

  • The Uranium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

  • u3o8.biz Database of Uranium Companies/Uranium Stocks: A comprehensive list of uranium companies including: Trading Symbol, Share Price, Market Cap, Resource, Land Holdings, and Market Cap / U3O8 lbs

  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.