Imperial Ginseng Products Ltd.
TSX VENTURE : IGP
TSX VENTURE : IGP.PR.A

Imperial Ginseng Products Ltd.

July 03, 2013 11:52 ET

Imperial Ginseng Products Ltd. Announces Changes in Authorized Share Structure and Articles

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 3, 2013) - Imperial Ginseng Products Ltd. (TSX VENTURE:IGP) (TSX VENTURE:IGP.PR.A) (the "Company") is pleased to announce the following changes effective June 28, 2013:

  • The authorized share structure of the Company has been increased to include:
    • An unlimited number of Common Shares, from a previous maximum of 10,000,000;
    • An unlimited number of Convertible Preference Shares, from a previous maximum of 52,500,000, of which 2,500,000 were designated as Convertible Preference Shares, Series "A";
    • An unlimited number of Convertible Preference Shares, Series "A", from a previous maximum of 2,500,000; and
    • 100,000,000 Class "A" Preference Shares.
  • The adoption of new Articles of the Company and related removal of the Pre-existing Company Provisions set forth in Part 17 of the Regulations to the Business Corporations Act (British Columbia).

The Company previously received shareholder approval as well as conditional approval from the TSX Venture Exchange for these changes.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephen McCoach, Chief Executive Officer and Director

Neither 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.

Contact Information

  • Imperial Ginseng Products Ltd.
    Stephen McCoach
    Chief Executive Officer and Director
    (604) 689-8863
    (604) 689-8892 (FAX)

    Imperial Ginseng Products Ltd.
    Suite 310 - 650 West Georgia Street
    Vancouver, BC V6B 4N7
    info@imperialginseng.com