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Endeavour consolidates shares, applies for ASX delisting

Posted by ipso facto @ 10:55 on December 1, 2015  

PERTH (miningweekly.com) – Dual-listed gold miner Endeavour Mining has requested a delisting from the ASX, while undertaking a massive share consolidation. The share consolidation would be done on the basis of ten pre-consolidation shares for every one post-consolidation share, reducing the number of outstanding shares from about 590.2-million to 59-million, the company reported on Tuesday. Meanwhile, Endeavour had also applied to the ASX to have its listing removed on the bourse, with trading expected to close on January 4, and the company ceasing to be an ASX-listed entity on January 11.

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http://www.miningweekly.com/article/endeavour-consolidates-shares-applies-for-asx-delisting-2015-12-01

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.