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Jaxon Minerals Inc.

11:46 AM EST - Jaxon Minerals Inc. : Has approved a share split of the Company's issued and outstanding common shares on the basis of 1.25 new common shares for every existing common share. Outstanding stock options and warrants will be adjusted on the basis of the same ratio. Any fractional shares resulting from the share split will be cancelled. Jaxon currently has a total of 51,054,223 common shares issued and outstanding. Following the share split, the Company will have 63,817,779 common shares issued and outstanding, subject to reduction for any cancelled fractional shares. Jaxon Minerals Inc.
shares V.JAX are trading down $0.055 at $0.31.