Cortez Approves Share Consolidation
Cortez Gold Corp announces that the Board of Directors has approved a resolution consolidating the Company’s share capital on the basis of up to every ten shares of the Company being consolidated to one share, or to such consolidation ratio as may be acceptable to the regulatory authorities and approved by the directors of the Company. Currently, the Company’s authorized share capital is an unlimited number of common shares without par value, of which 36,128,501 shares are issued and outstanding, with a further 8,199,249 shares reserved for issuance upon the exercise of existing stock options and warrants.









