Derivatives: Anticipated adjustment due to reverse spilt in Northland Resources (05/13)


The following information is based on a press release from Northland Resources S.A. (Northland Resources) published on May 7, 2013 and may be subject to change.

The board of Northland Resources has proposed that the Extraordinary General Meeting (EGM), scheduled for June 4, 2013, approves on a reverse split whereby one hundred (100) existing shares will be consolidated into one (1) new share. The ex-date is yet to be determined. Provided that the EGM approves the proposal, NASDAQ OMX Derivatives Markets will carry out a re-calculation of options, forwards and futures in Northland Resources (NAURN).

For further information, please see the attached file.


Attachments

05_Northland_reverse split_1.pdf