CALGARY, ALBERTA -- (Marketwired) -- 06/07/13 -- MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is consolidating its share capital as approved by shareholders at the general meeting held on June 4, 2013. The Company will trade on a consolidated basis of one new common share for every seventeen common shares currently issued and outstanding. The TSX Venture Exchange has accepted notice of the consolidation and the common shares will begin trading on a consolidated basis June 10, 2013. The Company's name and trading symbol will remain the same. On a post-consolidated basis, there will be 5,290,512 common shares issued and outstanding.
Letters of transmittal with respect to the consolidation will be mailed out to all registered shareholders on June 10, 2013. All registered shareholders of the Company will be required to send their certificates representing pre-consolidation common shares with a properly executed letter of transmittal to the Company's transfer agent, Olympia Trust Company, in accordance with the instructions provided in the letter of transmittal.
ON BEHALF OF THE BOARD OF DIRECTORS
James R. Brown, Chairman, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Mill City Gold Corp.
James R. Brown
Chairman, President & CEO
403-640-0110
www.millcitygold.com
