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January 29, 2014
08:40 EDTTLRTimberline reports permitting progress at Butte Highlands Gold Project
Timberline Resources announced that ongoing permitting activities at its Butte Highlands Gold Project have yielded positive results and provide encouragement that final permits may soon be granted. The company has received a letter constituting the approval of the Butte-Silver Bow Public Works Department for the construction of certain improvements on roads to be used for haulage of mineralized material from its Butte Highlands Project, an underground gold mine being developed just south of Butte, Montana. The improvements receiving the county's approval include the replacement of a bridge and a culvert, reconstruction of an intersection, and the erection of traffic control signage. The bridge replacement project consists of the installation of new, concrete bridge abutments and the placement of a new pre-stressed concrete bridge deck.
News For TLR From The Last 14 Days
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October 24, 2014
17:32 EDTTLRTimberline Resources announces terms of reverse stock split
Timberline Resources announced the terms of the reverse stock split that was approved by the company's stockholders at its Annual and Special Meeting of the Stockholders held on August 5. The company's Board of Directors has set the ratio for the reverse stock split at one for twelve to be effective at the close of business on Friday, October 31, and in effect for trading on a reverse split-adjusted basis on the NYSE MKT and the TSX-V on Monday, November 3. At the effective time of the amendment to Timberline's Certificate of Incorporation effecting the reverse stock split, every twelve (12) shares of Timberline's issued and outstanding common stock will be consolidated into one newly issued and outstanding share of common stock, without any change in the par value per share. Timberline's shares of common stock will continue to trade on the NYSE MKT under the symbol TLR and on the TSX-V under the symbol TBR with a new CUSIP number of 887133205. The reverse stock split will reduce the number of shares of Timberline's outstanding common stock from approximately 119M to approximately 9.9M. Proportional adjustments will be made to the company's outstanding stock options, outstanding warrants, and equity incentive plan. The number of authorized shares of the company's common stock will remain unchanged.

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