EnerDynamic Hybrid Technologies Corp. Announces Completion of Share Consolidation

Author's Avatar
Apr 30, 2021

NIAGARA FALLS, ON / ACCESSWIRE / April 29, 2021 / EnerDynamic Hybrid Technologies Corp. ("EHT" or the "Company") (TSXV:EHT, Financial) announces that it has completed the share consolidation announced April 21, 2021 on the basis of twenty (20) old shares for one (1) new share (the "Share Consolidation"). The Share Consolidation received 72.42% shareholder approval at the Company's Annual General and Special Meeting of Shareholders held on January 19, 2021. As a result of the Share Consolidation, the 443,974,216 common shares which were previously issued and outstanding were reduced to 22,198,721 common shares. Each fractional common share equal to or greater than 0.5 common shares was rounded up to the nearest whole common share and each fractional common share less than 0.5 common shares was rounded down to the nearest whole common share.