Mar Ked Mineral Exploration, Inc. Announces July 21, 2008 Effective Date for 3 for 2 Forward Stock Splitadmin
Mar Ked Mineral Exploration, Inc., announces that a 3 for 2 forward split of the Company’s common stock will be effective at the opening of business on July 21, 2008. This action means that for every 2 shares of MKED stock outstanding at the time of the stock split will be converted into three shares of MKED stock. Based on the number of shares currently outstanding, the stock split will increase the number of outstanding shares of common stock from approximately 10,900,000 shares to approximately 16,350,000 shares.
“The purpose of the stock split is to make more shares available in the public float and to adjust the Company’s capital structure to better position it for future capital-raising transactions,” stated Ross Silvey, CEO of Mar Ked Mineral Exploration, Inc.
Mar Ked Mineral Exploration, Inc. Investor Contact: Ross Silvey
Source: Mar Ked Mineral Exploration, Inc.