Cruz Capital Corp (CUZ—TSXv, BKTPF—USA, A2AG5M–Germany) Shares of Cruz are now trading on a post-split basis. Common shareholders of record at the close of business on Nov. 18, 2016, will be mailed additional certificates. The new certificates will be mailed on or about on Nov. 23, 2016. The push-out method will be used to affect the split. The Cusip No.: 22888P105 remains unchanged
James Nelson, President of the Company states, “We are looking forward to the added liquidity this split should provide. Cruz is focused on the Cobalt sector, which management feels will be a strong mover in 2017 as the battery demand from Electric Vehicles continues and of which cobalt is a significant component. Cruz has established itself as the one of the earliest movers in this space and was able to acquire 8 separate high quality cobalt prospects. We are fully funded for the first phase of operations and look forward to very active 2017.”
Cruz is actively engaged in acquiring and developing Cobalt assets globally. Cruz has acquired numerous high grade cobalt assets located in North America. Seven cobalt projects are in Canada and one in Idaho. The goal of the company is to make Cruz the foremost cobalt project generator and developer on the TSX Venture Exchange. Management feels that cobalt is at the early stages of a significant bull market and we are pleased to be positioning Cruz at the forefront of this cycle.
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This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Cruz.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release