Mexican Gold Announces Consolidation and Post-Consolidation Non-Brokered Private Placement
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VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) — Mexican Gold Mining Corp. (the “Company” or “Mexican Gold“) (TSXV: MEX, OTCQB:MEXGF) announces its intention to consolidate its issued and outstanding common shares (“Common Shares“) on the basis of one (1) post-consolidation Common Share for every 10 pre-consolidation Common Shares (the “Consolidation“). The Consolidation is expected to result in the number of issued and outstanding Common Shares being reduced from 135,035,840 pre-Consolidation Common Shares to approximately 13,503,584 post-Consolidation Common Shares.