Saint Jean Carbon Consolidation of Common Shares
Summary
At this time, the Board of Directors believes it is in the Company’s best interest to proceed with the Share Consolidation as it is necessary in order to facilitate future equity financings by the Company.This news release contains forward‐looking statements, within the meaning of applicable securities legislation, concerning Saint Jean’s business and affairs.These forward looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially.These risks include, but are not limited to receiving acceptance from the TSX Venture Exchange for the Share Consolidation.Forward‐looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.