January 24, 2014 / ACCESSWIRE / Vancouver, British Columbia / Jager Metal Corp. (JEM:CNSX) ( the “Company” or “Jager”) wishes to provide an update to its news release of January 17, 2014 where the Company announced its intent to undertake and subdivision of the Company’s shares on a 4 for 1 basis, and change its name to Jagercor Energy Corp.
The Canadian Securities Exchange (“CSE”) formerly the Canadian National Stock Exchange) issued a bulletin on January 24, 2014 to announce the common shares of the Company will commence trading on the CSE on a split basis, and under its new name, at the market open on Monday, January 27, 2014.
Three additional shares shall be issued for each one share held as of the close of business on the record date January 29, 2014. The payment date for the additional shares is set for January 29, 2014; and the Company anticipates that the share certificates representing the additional shares will be mailed to holders within five business days thereafter.
The Company currently has 12,111,262 issued and outstanding common shares. Upon completion of the forward split, the company will have 48,445,048 issued and outstanding common shares.
On behalf of the Board of Directors
JAGER METAL CORP. Karl Antonius President & CEOFor further information, please contact: Contact Name: Karl Antonius at 604.218.9434
We seek Safe Harbor.