NEW YORK, Aug. 11, 2016 (GLOBE NEWSWIRE) -- Golden Star Enterprises Ltd. (OTCPK:GSPT) announces that a majority of the shareholders entitled to vote on such matters, approved a one-for-ten (1:10) reverse split of the Company’s issued and outstanding common stock with $0.0001 par value per share. There was no change to the authorized capital of the Company. On July 8, 2016 a Certificate of Amendment its Articles of Incorporation was filed with the State of Delaware to effect the 1:10 reverse split.
The Company also took the necessary steps to change its CUSIP Number. Therefore, the CUSIP Number has changed from 38119W 10 7 to 38119W 20 6. The 1:10 reverse split is effective August 12, 2016.
Robert Klein, President of the Company states, “We are excited about new restructured Golden Star exploring new and innovating technologies and opportunities to bring increased values to its shares for the shareholders.”
On behalf of the company,
/s/ Robert Klein
Robert Klein, President
For further information contact: 1-888-488-6882
Source:Golden Star Enterprises Ltd.