Britannia Mining, Inc.: Britannia Mining Prepares to Make St

Britannia Mining, Inc.: Britannia Mining Prepares to Make Structural Changes to Cap Table


Britannia Mining, Inc.: Britannia Mining Prepares to Make Structural Changes to Cap Table
NEW YORK, NY / ACCESSWIRE / April 25, 2021 / Britannia Mining, Inc. ("Britannia" or the "Company"), (OTC PINK:BMIN) announced today that management intends to make structural changes to the Company's cap table by initiating a reverse stock split.
Management is exploring how best to initiate a reverse split, while attempting to protect shareholders as equitably as possible. Employing techniques such as 'Round Ups', could help to ensure that no shareholder is reversed out of the market. Consideration is also being given towards using more moderate reverse split ratios if and where applicable, while possibly employing other more aggressive techniques if and where needed. The goal is to try and create an equitable environment that could potentially support growth opportunities, value, and shareholder confidence.

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