MONTREAL–(BUSINESS WIRE)–Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM.H, OTCMKTS: ITMZF), developer of eflyermaker.com, announces that it is proceeding with the previously-announced consolidation of its outstanding common shares on the basis of one (1) post-consolidation common share for each two (2) pre-consolidation common shares, effective as of September 4, 2019.
Intema’s common shares are scheduled to begin trading on a post-consolidation basis on the NEX board of the TSX Venture Exchange at market open on September 4, 2019. There will be no change to the existing ticker symbol.
Following the consolidation, the 86,594,924 common shares outstanding of the Corporation will be reduced to approximately 43,297,462 common shares outstanding (trading under the new CUSIP number 45824E207). No fractional common shares will be issued upon the consolidation and all fractions of post-consolidation common shares shall be rounded up.
A letter of transmittal has been mailed to all registered shareholders