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Alteration of Share Capital

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Alteration of Share Capital
A change in the number of authorized shares a company may issue. Authorized shares are the total shares a company is permitted by its charter to issue, as opposed to the number it actually has issued. To alter share capital, a company must amend its charter and/or bylaws and register the change with the appropriate regulatory authority.


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The purpose of the alteration of share capital is to create more liquidity in the Company's equity market, and to provide an opportunity for a wider range of investors to participate in the Company.
The Company will not be making an application for a name change as a result of its proposed alteration of share capital.
 
 
 
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