Tickers: XTSX:CPV
Tags: None
Vancouver, BC / TheNewswire / April 23, 2018 - Copper Creek Gold Corp. (the "Company") (TSX-V: CPV) is pleased to announce that as permitted by the Company's Articles, the Board of Directors of the Company has approved and will proceed with a change of name to "Surge Exploration Inc." and a forward share split of its outstanding common shares on the basis of two (2) new shares for every one (1) old share. Currently the Company has 33,410,130 common shares issued and outstanding and following the share split, the Company will have 66,820,260 common shares issued and outstanding. The name change and share split remain subject to TSX Venture Exchange approval.
The Company believes that the change of name to "Surge Exploration Inc." will better reflect the Company's business direction and having a greater number of common shares a at a reduced price will enhance long-term liquidity and increase investor interest in the Company and its business.
All outstanding stock options and share purchase warrants will be adjusted on the same split ratio.
The Company will issue a further new release announcing the new CUSIP number, new stock symbol, mechanics and effective date of the name change and share split.
About Copper Creek Gold Corp - The Company is a Canadian-based mineral exploration company which has been active in the resource sector in British Columbia and elsewhere in Western Canada. The Company has recently opened up an exploration office in Santiago, Chile to review mineral exploration opportunities in Chile and elsewhere in South America.
On Behalf of the Board of Directors
"Tim Fernback"
Tim Fernback
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.
Copyright (c) 2018 TheNewswire - All rights reserved.
