VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company“) announces further to its news releases of July 29, 2020 and September 2, 2020, the consolidation (the “Consolidation“) of its common shares (the “Common Shares“) at a ratio of ten (10) pre-consolidation Common Shares to one (1) post-consolidation Common Share will be effected at 12:01 a.m. on Monday, September 21, 2020 (the “Effective Date“). The post-consolidation Common Shares will be posted for trading on the TSX Venture Exchange at the opening of trading on the Effective Date under the current symbol “AAN”.
No fractional Common Shares will be issued as a result of the Consolidation. The holdings of any shareholder who would otherwise be entitled to receive a fractional Common Share as a result of the Consolidation shall be rounded up to the next higher whole number if the fraction is 0.5 or greater, and rounded down to the next lower whole number if the fraction is less than 0.5.Letters of transmittal have been mailed to all registered shareholders of the Company with instructions on how to exchange existing share certificate(s) or DRS statement for new share certificate(s) or DRS statement. A letter of transmittal is also available on the Company’s profile page on SEDAR.Prior to implementing the Consolidation, the Company had 332,893,223 Common Shares issued and outstanding and immediately after implementing the Consolidation, the Company will have 33,289,322 Common Shares issued and outstanding.The Company’s new CUSIP number is 0496AP202 and its new ISIN number is CA0496AP2026.Note Regarding Forward-Looking Statements
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