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GST » Topics » Determination of Reverse Split Ratio

This excerpt taken from the GST DEF 14A filed May 15, 2008.

Determination of Reverse Split Ratio

If the Special Resolution proposal is adopted and our Board of Directors elects to effect a Reverse Split, our Board of Directors may determine the appropriate reverse split ratio by assessing the following factors:

 

  •  

The need to raise our common share price to levels that enable additional institutional investors that are subject to minimum price per share investment restrictions to invest in our common shares; and

 

  •  

The need to mitigate any future adverse effect of the listing of our common shares on the American Stock Exchange or the Toronto Stock Exchange resulting from a low trading price per share.

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