Leonovus Inc. Announces Proposed Share Consolidation

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Oct 01, 2020
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OTTAWA, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Leonovus Inc. (“Leonovus” or the “Company) (TSXV: LTV) announced today that at the upcoming annual and special shareholder meeting of October 8, 2020, the shareholders will be asked to consider, and if deemed appropriate, pass a special resolution approving an amendment to the Company’s articles to consolidate the issued and outstanding common shares of the Company on the basis of one (1) post-consolidation common share for every thirty (30) pre-consolidation common shares outstanding (the “Consolidation”).