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Auric Resources Corp. — Capital/Financing Update 2021
Jun 23, 2021
47067_rns_2021-06-23_5bc05260-587b-45f1-931b-f782aed63727.pdf
Capital/Financing Update
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RED ROCK CAPITAL CORP. Suite 2200, 885 West Georgia Street Vancouver, British Columbia V6C 3E8
NEWS RELEASE
RED ROCK TO REVIEW CAPITAL STRUCTURE
June 22, 2021 – Vancouver, British Columbia – Red Rock Capital Corp. (the “ Company ”) (TSXV: RCC.H) announces that it has initiated a review of the current capital structure of the Company, as well as an assessment of available sources of capital, in order to better position the Company to identify and complete a qualifying transaction.
Depending on the results of this review, the Company may elect to consolidate its common share capital on up to a one-for-ten basis in order to make the Company more attractive to prospective qualifying transactions. A decision to complete a consolidation has not been reached at this time, and completion of any consolidation is subject to the approval of the TSX Venture Exchange.
For further information, contact Aleem Nathwani at [email protected].
On behalf of the Board,
Red Rock Capital Corp.
Aleem Nathwani, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.