Astron Connect Inc. Reports Share Consolidation Effective Date
VANCOUVER, BC - TheNewswire – June 10, 2021 - Astron Connect Inc (“Astron” or the “Company”) (TSXV:AST) reports that the TSX Venture Exchange has advised that trading in Astron’s common shares on a post-consolidated basis (CUSIP: 04640L200) will commence at the opening of trading on June 11, 2021. As previously reported, the Company’s issued and outstanding common shares are being consolidated on the basis of one (1) new common share for every eight (8) currently held common shares (the “Consolidation”). Following the completion of the Consolidation, the Company will have approximately 10,437,901 common shares issued and outstanding.
Letters of transmittal describing the process by which registered shareholders are to exchange their pre-consolidation share certificate for a post-consolidation share certificate will be mailed to Astron's registered shareholders. Shareholders who hold their Astron common shares through their broker or other intermediary will not be required to complete and return a letter of transmittal.
ABOUT ASTRON CONNECT INC.
Astron Connect (TSX-V: AST) helps Canadian enterprises in the food and beverage industry break through the noise and bring their products to new international markets in the emerging world. Astron Connect brings Canadian food and beverage companies to the world through its extensive connections and export logistics capabilities in China and emerging markets. Manna Water and Sachiel Water (both Astron brands) supply China and other emerging markets with pure Canadian bottled spring water. For more information, visit www.astronconnect.com.
For more information, please contact:
S. Randall Smallbone
President and CEO
Astron Connect Inc.
The TSXV has neither approved nor disapproved the contents of this news release. Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.