2014-01-07 00:45:52 -
Vancouver, British Columbia CANADA, January 06, 2014 /FSC/ - Enfield Exploration Corp. (EXP - CNSX),(the "Company" or "Enfield") is pleased to announce that it intends to complete a forward stock split. The four (4) for one (1) forward stock split (the "Forward Split") has an intended record date of January 10, 2014 (the "Record Date").
The Company intends to execute the Forward Split utilizing the "Push-out Method" whereby the shareholders keep the share certificates they currently hold, and the shareholders of record as of the close of business on the Record Date are provided with additional share certificates by the Company's transfer agent.
The Company currently has 8,026,600 issued and outstanding common shares. Upon completion of the Forward Split, the
Company will have 32,106,400 issued and outstanding common shares.
Enfield Exploration Corp. is engaged in the acquisition, exploration and development of mineral resources and oil and gas opportunities. Enfield has the right to acquire mineral interests covering approximately 486 hectares in central Yukon Territory, and is currently evaluating oil and gas opportunities in Argentina.
Further information about the Company is available under its profile on the SEDAR website www.sedar.com and on the CNSX website www.cnsx.com.
For further information, please contact:
President & Chief Executive Officer
Enfield Exploration Corp.
The CNSX has not reviewed, nor approved or disapproved the content of this press release.
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including future plans for the exploration and development of the mineral properties of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
To view the press release as a PDF file, please click on the following link:
Source: Enfield Exploration Corp. (CNSX: EXP) cnsx.ca/CNSX/Securities/Mining/Enfield-Exploration-Corp.aspx
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