|By Marketwired .||
|August 29, 2013 06:38 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 08/29/13 -- VoodooVox Inc. (CNSX:VVX) ("VoodooVox" or the "Company"), is pleased to announce that effective September 4, 2013 the Company's common shares (the "Common Shares") will be consolidated such that one (1) new Common Share will be issued for every fifty (50) Common Shares outstanding (the "Consolidation"). There are currently 213,362,121 Common Shares outstanding and effective post-consolidation there will be approximately 4,267,242 Common Shares issued and outstanding.
No fractional shares will be issued upon Consolidation and in the case where the Consolidation results in a shareholder otherwise becoming entitled to a fraction of a common share, a downward adjustment will be made to the next whole Common Share.
The shareholders of the Company approved the Consolidation at the annual and special meeting of shareholders held on June 14, 2013 (the "Shareholders Meeting"). Letters of transmittal with respect to the Consolidation will be sent to the shareholders of the Company on or around September 3, 2013. Copies of the letter of transmittal may be obtained from Computershare Investor Services Inc., the registrar and transfer agent of the Company, by mail at P.O. Box 7021, 31 Adelaide St E, Toronto, ON M5C 3H2, Attn: Corporate Actions, or by registered mail, hand or courier at 100 University Avenue, 8th Floor, North Tower, Toronto, ON M5J 2Y1, Attn: Corporate Actions. Any questions should be directed to Computershare Investor Services Inc. at 1-800-564-6253 or by e- mail to firstname.lastname@example.org.
Further details regarding the Consolidation are contained in the Management Information Circular dated May 13, 2013, which has been filed on SEDAR at www.sedar.com.
About VoodooVox Inc.
VoodooVox processes billions of advertising transactions for a marquee list of global clients and partners in 11 countries. The Company's proprietary analytics solution, utilizing big data aggregated via mobile and traditional ad campaigns, enables advertisers to convert high quality customer leads.
The CNSX has neither approved nor disapproved the contents of this news release.