Fidelity Minerals Corp. Completes Share Consolidation

Core Viewpoint - Fidelity Minerals Corp. is set to consolidate its common shares on a 1-for-5 basis, effective June 30, 2025, reducing the number of outstanding shares from approximately 108.65 million to about 21.73 million [1]. Share Consolidation Details - The consolidation will result in the issuance of one new share for every five existing shares, with the new CUSIP number being 31622P305 and the new ISIN CA31622P3051 for the post-consolidated shares [1]. - Holders of uncertificated shares will have their accounts electronically adjusted by the Company's transfer agent or their brokerage firms, requiring no additional action from them [2]. - Registered shareholders with physical share certificates will receive a letter of transmittal instructing them to surrender their certificates for new ones representing their post-consolidation shares [3]. Company Overview - Fidelity Minerals Corp. has a portfolio of high-quality mining assets in Peru and Canada, focusing on large-scale copper and gold projects [4]. - The Company is currently assessing the Sunsets Project in British Columbia and advancing the Las Huaquillas project, which involves gold, copper, and silver in Northern Peru [4]. - Fidelity also holds a 25% interest in the Florina Greensands project, which is a potential resource for low-chloride potassium fertilizer [4]. - The Company aims to opportunistically expand its project portfolio through accretive acquisitions and is supported by an experienced management team and committed investors [4].