Mar 09, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
RESOURCE CAPITAL GOLD CORP (OTC:GDPEF) operates in the Precious metals industry.
RESOURCE CAPITAL GOLD CORP company overviewRESOURCE CAPITAL GOLD CORP's most recent stock split was on March 9, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
RESOURCE CAPITAL GOLD CORP has split its stock once. This history records one reverse split, on March 9, 2016.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In RESOURCE CAPITAL GOLD CORP's 1-for-5 reverse split on March 9, 2016, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
RESOURCE CAPITAL GOLD CORP has not announced a new split in our records. Its most recent split was on March 9, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:GDPEF split will appear on this page.
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