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AWA Arrowhead Water Products Ltd

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Share Name Share Symbol Market Type
Arrowhead Water Products Ltd TSXV:AWA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Arrowhead Water Announces Share Consolidation

30/09/2010 7:14pm

Marketwired Canada


NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

Arrowhead Water Products Ltd. ("Arrowhead" or the "Company") (TSX VENTURE:AWA)
is pleased to announce that effective October 1, 2010 the Company shall
consolidate its Class A Common Shares on a one (1) new Class A Common Share for
five (5) old Class A Common Shares (1:5) basis (the "Consolidation"). The
Consolidation was approved by shareholders at the annual and special meeting of
the Company which was held on August 25, 2010 as well as by the TSX Venture
Exchange ("TSXV"). The Board of Directors believes that the Consolidation should
enhance the marketability of the shares of the Company.


Registered shareholders of the Company will be requested to deliver their share
certificates representing the pre-Consolidation Class A Common Shares to the
Company's transfer agent against delivery of new certificates representing the
post-Consolidation Class A Common Shares. A letter of transmittal for the
exchange of the shares will be sent to the shareholders concurrent with the
issuance of this news release or shortly thereafter. No action is required by
non-registered shareholders, who hold securities of the Company through an
intermediary, to effect the Consolidation of their beneficially held securities.


As a result of the Consolidation, the Company's issued and outstanding common
shares shall decrease from 72,461,146 Class A Common Shares (pre-consolidation)
to approximately 14,492,229 Class A Common Shares (post-consolidation), subject
to rounding. The post-Consolidation Class A Common Shares will commence trading
on the TSXV under the new trading symbol "AWA" on October 1, 2010. Further
details with respect to the Consolidation are disclosed in the Company's
Management Information Circular dated July 29, 2010, which has been
electronically filed with regulators and available for viewing through the
Internet on the Canadian System for Electronic Document Analysis and Retrieval
(SEDAR) at www.sedar.com.


About Arrowhead Water

Arrowhead Water is Canada's largest Canadian owned, publicly traded water
company which is engaged in the production, sale and distribution of large
format bottled drinking water (including the new one-way bisphenol free 15 litre
bottle and traditional 18.9 litre (5 gallon) bottle). Arrowhead produces and
delivers bottles of reverse osmosis, distilled and natural spring water to the
Western Canadian retail and wholesale market. Arrowhead remains committed to
continually improve its level of service to its customers and to provide
positive returns to its shareholders.


Pre-Consolidation Issued and Outstanding Shares: 72,461,146

Post-Consolidation Issued and Outstanding Shares: 14,492,229

1 Year Arrowhead Water Products Ltd Chart

1 Year Arrowhead Water Products Ltd Chart

1 Month Arrowhead Water Products Ltd Chart

1 Month Arrowhead Water Products Ltd Chart

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