Caldera announces share consolidation and AGM for December 4, 2009
MONTREAL, Oct. 1, 2009 – Caldera Resources Inc. announced today that it will hold an Special and Annual General Meeting on December 4, 2009. The record date will be set for October 30, 2009.
At the meeting, the Shareholders will be asked to approve a resolution to consolidate the Corporation’s common shares on a 1-for-10 basis (the “Resolution”). If the Resolution is approved the Corporation’s outstanding shares would be reduced from 141,925,767 to 14,192,576.
Proposed Financing
The Corporation also announced that it will be raising up to $500,000 in equity financing by way of Private Placement. The closing for the transaction is set for October 30, 2009. The Corporation will be offering investors Subscription Receipts (the “Receipts”) priced at $1,000 per Receipt. The …
Read More