eShippers Management Ltd.

February 03, 2017 09:00 ET

eShippers Management Announces Completion of Share Consolidation

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 3, 2017) - eShippers Management Ltd. ("eShippers" or the "Company") (NEX:EPX.H) announces that further to its press release dated February 1, 2017, it has received approval from the NEX for the 10:1 consolidation of its common shares (the "Consolidation"). The Consolidation will be effective as of Monday, February 6, 2017.

No fractional common shares will be issued, and no cash will be paid in lieu of fractional post-Consolidation common shares. Any resulting fractional share entitlement remaining after conversion that is less than one-half of a common share will be cancelled and each fractional common share that is at least one half of a common share will be changed to one whole common share.

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