Subsequent to the Closing. The SL Shareholders hereby agree to cause the Company as soon as practicable to increase the authorized shares of Common Stock to 2,000,000,000 shares (the “Share Increase”) and to effect a reverse split of its outstanding common stock of 1:100 (the “Reverse Split”).
Appears in 1 contract
Sources: Securities Exchange Agreement
Subsequent to the Closing. The SL Shareholders hereby agree to cause the Company as soon as practicable to increase the authorized shares of Common Stock to 2,000,000,000 shares (the “"Share Increase”") and to effect a reverse split of its outstanding common stock of 1:100 (the “"Reverse Split”").
Appears in 1 contract
Sources: Securities Exchange Agreement (Brookmount Explorations Inc)