3rd May 2016 08:28
LONDON (Alliance News) - Caza Oil & Gas Inc on Tuesday said its shareholders have approved its share consolidation and decision to abandon its AIM listing.
Caza said shareholders, at a meeting held on Friday, approved the consolidation of its shares on a 560 million-to-one basis. Prior to the consolidation, Caza had 9.74 billion shares.
The shareholders also approved the cancellation of Caza's AIM listing, which will become effective from the start of trading on May 10.
Caza shares were down 14% to 0.3 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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