Mexican Gold Announces Consolidation
VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) — Mexican Gold Mining Corp. (the “Company” or “Mexican Gold“) (TSXV: MEX, OTCQB:MEXGF) announces a consolidation of its common shares on a ten (10) for one (1) basis (the “Share Consolidation”). The Company currently has 137,342,758 common shares issued and outstanding. Following the Share Consolidation, the Company expects to have 13,734,279 common shares issued and outstanding. The TSX Venture Exchange (“TSXV”) has accepted the Share Consolidation and confirmed that the Company’s common shares will commence trading, effective market open on March 15, 2023, on the TSXV on a post-consolidated basis. The Company’s name and trading symbol remain unchanged. On the effective date, the Company’s new CUSIP number will be 592819205 and ISIN will be CA5928192056. Letters of transmittal describing the process by which shareholders may obtain new share certificates or Direct Registration System (DRS) advices representing their consolidated common shares will be mailed shortly to registered shareholders. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their name will not be required to complete a letter of transmittal. The letter of transmittal will be filed under the Company’s profile on SEDAR at www.sedar.com.