TORONTO, Dec. 1 /CNW/ - Following shareholder approval, Wintercrest Ltd. ("HIP") has announced a change of business to mineral exploration, a name change to Mahdia Gold Corp, and a consolidation of the issued and outstanding common shares of Wintercrest on the basis of one (1) new post-consolidation common share of Mahdia Gold Corp. for each two (2) pre-consolidation common shares of Wintercrest.
Following the consolidation and subsequent issuance of 3.5 million shares at $0.10 per share in a private placement financing there are approximately 35 million common shares outstanding with a public float of approximately 21 million shares.
The shares will begin trading on a consolidated basis under the new name Mahdia Gold Corp. on Wednesday, December 2, 2009.
Mahdia Gold Corp will trade under the symbol "MGD"
CNSX Dealers are reminded to re-enter any open orders under the new symbol taking into account the share consolidation and change of business.
Listing and disclosure documents for Mahdia Gold are available in the Listings Disclosure Hall.
Effective Date: Wednesday, December 2, 2009
NEW Symbol: MGD
NEW CUSIP: 559814 10 8
NEW ISIN: CA 559814 10 8 6
SOURCE Canadian National Stock Exchange (CNSX)
For further information: For further information: Radhika at (416) 572-2000 X 2435 or E-mail: Radhika@cnsx.ca