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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:49 EDTTLRTimberline Resources receives extension from NYSE
Timberline Resources announced that the NYSE MKT has granted Timberline's request for a two week extension to submit a plan of compliance to the Exchange. Based in part on the company's progress to date on numerous alternatives, the previous deadline of February 20 has been extended to March 6. As reported on February 8, the company received notice from the Exchange that the company is not in compliance with one of the Exchange's continued listing standards as set forth in Part 10 of the NYSE MKT Company Guide. In order to maintain its listing on the Exchange, the company must submit a plan of compliance by March 6 addressing how it intends to regain compliance with Section 1003(a)(iv) of the Company Guide by March 31.
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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