Vancouver, British Columbia: July 4, 2023 – Great Eagle Gold Corp. (formerly Miza II Resources Inc.) (CSE: GEGC) (the “Company” or “Great Eagle”), announces that, further to its news release of May 25, 2023, it has completed the name change from “Miza II Resources Inc.” to “Great Eagle Gold Corp.” to better reflect the direction of the Company’s business.
The Company’s trading symbol has changed to “GEGC” on the Canadian Securities Exchange (the “CSE”). The new CUSIP number for the Company’s common shares is 39032G104 and ISIN is CA39032G1048.
The Company has been advised by the CSE that the common shares will commence trading under the new name effective at the opening of trading on July 6, 2023.
The Company is also pleased to announce that, following the name change, the Company will have completed a subdivision (the “Stock Split”) of its issued and outstanding common shares on the basis of two and a half (2.5) new common shares for every one (1) common share held by the shareholders of record (the “Registered Holders”) as at July 7, 2023 (the “Record Date”). In accordance with the Company’s Articles, shareholder approval was not required for the Stock Split.
The Company’s common shares are expected to commence trading on a split-adjusted basis on July 6, 2023.
Registered Holders do not need to take any action. The Company’s transfer agent will send to all Registered Holders a notice under the direct registration system indicating the number of additional common shares that they received as a result of the Stock Split. These additional common shares will be held in book-entry form and registered electronically in the transfer agent’s recordkeeping system, unless a physical share certificate is requested by the Registered Holder. Currently outstanding share certificates representing common shares of the Company will continue to be effective. They should be retained by Registered Holders and should not be forwarded to the Company or its transfer agent. Non-registered shareholders will have their brokerage accounts automatically updated to reflect the Stock Split.
After giving effect to the Stock Split, the Company will have approximately 39,902,500 common shares outstanding. The Company’s authorized share capital will remain unchanged.
Outstanding stock options and share purchase warrants will also be adjusted by the Stock Split ratio and the respective exercise prices of outstanding stock options and share purchase warrants will be adjusted accordingly.
For further information please contact:
Yari Nieken
604.328.0425
ynieken@gmail.com
Neither the Canadian Securities Exchange (the “CSE”) nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking statements relating to the, including statements regarding the search for opportunities in Colombia and/or Latin America, and the benefits to be derived therefrom and other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forwardlooking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forwardlooking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and the mineral exploration industry and capital markets in particular, and investor interest in the business and future prospects of the Company.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.
