February 5, 2018 – Voltaic Minerals Corp. (TSXV: VLT, OTC: VTCCF, FSE: 2P61) (the “Company”) announces that further to its News Release of January 25, 2018, the TSX Venture Exchange has approved the consolidation of the common shares of the Company (each, a “Share”) on the basis of ten (10) pre-consolidation Shares for one (1) post-consolidation Share (the “Consolidation”). The Consolidation will become effective at the opening of the market on February 6, 2018. The Company’s symbol will remain as “VLT”.
Currently, a total of 64,533,801 Shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of 6,453,380 Shares would be issued and outstanding, subject to adjustments for rounding. There is no maximum number of authorized Shares. Computershare Investor Services Inc. (“Computershare”) will mail letters of transmittal to the shareholders providing instructions on exchanging pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Computershare in accordance with the instructions in the letter of transmittal.
About Voltaic Minerals Corp.
Voltaic Minerals Corp. is a Vancouver-based Lithium exploration company which owns 100% of the Green Energy Lithium Project that encompasses 4,160 acres of Bureau of Land Management (BLM) claims located in Grand County, 15 km west of the city of Moab, Utah. Lithium and other minerals occur at the property in an over-saturated brine (40% minerals, 60% water) discovered during historic oil exploration when drill wells intercepted Clastic Bed #14 of the Paradox formation.
ON BEHALF OF THE BOARD
VOLTAIC MINERALS CORP.
President and 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.