Hornby Bay Mineral Exploration Ltd.

Hornby Bay Mineral Exploration Ltd.

November 14, 2013 16:00 ET

Hornby Announces Amendment to Articles to Eliminate Small Shareholdings

TORONTO, ONTARIO--(Marketwired - Nov. 14, 2013) - Hornby Bay Mineral Exploration Ltd. (TSX VENTURE:HBE) ("Hornby Bay") announces that, further to the press release dated October 23, 2013, it will effectuate a consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 100 shares. This transaction was approved by the shareholders of the Company at its annual and special meeting of shareholders held on September 17, 2013.

The shareholdings of less than 100 shares will be eliminated through a consolidation of the common shares on a 1 for 100 basis effective at 12:01 a.m. on Sunday, November 17, 2013, the cancellation of fractional shares, and the subsequent split of the remaining shares on a 100 for 1 basis effective at 12:01 a.m. on Monday, November 18, 2013. Shareholders who hold 100 shares or more will see no change in the number of shares held by such shareholder.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

We seek safe harbour.

Shares Outstanding: 57,785,150

Contact Information

  • Hornby Bay Mineral Exploration Ltd.
    Maurice Colson
    President and CEO
    (416) 727-3966