North Thunder Bay Mining Co. Ltd.
North Thunder Bay Mining Completes Recapitalization
North Thunder Bay Mining Co. Ltd. / Key word(s): Corporate Action North Thunder Bay Mining Completes Recapitalization Toronto, Canada — July 21, 2011 North Thunder Bay Mining Co. Deutsche Börse symbol: 84NN (www.norththunderbay.com), is pleased to announce that it has completed a recapitalization, and has resumed active trading after a brief suspension during the execution of a reverse stock split. The reverse split saw 1 new share issued for each 100 shares outstanding as of July 14 and was executed in order to comply with new rules regarding minimum share prices from the Frankfurt Exchange. The recapitalization saw the Company being issued a new ticker symbol, ISIN number and WKN number, which are provided below.
Ticker Symbol: 84NN Disclaimer & Safe Harbor Statement: This release may contain certain 'forward-looking statements' with respect to certain of North Thunder Bay Mining Co.'s plans, goals and expectations regarding its future financial condition, performance, results, strategy and objectives. Words such as 'anticipates', 'expects', 'intends', 'plans', 'believes', 'seeks', 'estimates', 'may', 'could', 'would', 'might', 'will' and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, beliefs, plans, projections, objections, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements in this press release are not promises or guarantees of future performance and are subject to risks and uncertainties that could cause North Thunder Bay Mining Co.'s actual results to differ materially from those anticipated. North Thunder Bay Mining Co. cautions the reader not to place undue reliance upon any such forward-looking statements. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i) domestic and global economic and business conditions; (ii) market related risks and the performance of financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax and other relevant legislation or regulations in the jurisdictions in which North Thunder Bay Mining Co. operates. The actual results that North Thunder Bay Mining Co. achieves may differ materially from any forward-looking statements which are based on management's beliefs and opinions at the time the statements are made. North Thunder Bay Mining Co. does not undertake any obligation to update forward-looking statements should circumstances or management's beliefs or opinions change. For further information please contact:
Medrado Pineda, CEO End of Corporate News 25.07.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
133041 25.07.2011 |