VICTORIA, BC, November 20, 2019 – Great Thunder Gold Corp. (TSXV: GTG) announces that its board of directors unanimously approved a consolidation of the Company’s share capital on the basis of one new common share for every four old shares.
The Company’s present issued and outstanding capital of 48,254,162 common shares will be reduced to approximately 12,063,541 common shares after the proposed consolidation. The Company’s name and trading symbol will remain unchanged.
The proposed consolidation is to facilitate future equity financings and acquisitions. No fractional shares will be issued pursuant to the consolidation. Any fractional shares will be rounded to the nearest whole number of common shares.
The consolidation is subject to TSX Venture Exchange acceptance.
ON BEHALF OF THE BOARD
Signed “Richard Macey”
Richard Macey, President
Direct line: (604) 537-4174
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.