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Effective Date of Consolidation of Shares
Globenewswireยท2025-07-31 11:30

Core Viewpoint - First American Uranium Inc. will consolidate its common shares on a 1-for-2 basis effective August 6, 2025, while retaining its name and stock symbol [1][4]. Share Consolidation Details - The company currently has 12,247,181 shares, which will reduce to approximately 6,123,590 post-consolidation shares [2]. - No fractional shares will be issued; any resulting fractions will be rounded to the nearest whole share [3]. - Outstanding incentive stock options and warrants will also be adjusted on a 1:2 basis, including proportional adjustments to exercise prices [3]. Trading Information - Post-consolidation shares are expected to begin trading on the Canadian Securities Exchange (CSE) on or about August 6, 2025 [4]. Shareholder Instructions - Registered shareholders will receive letters of transmittal and must send their pre-consolidation share certificates to the company's transfer agent, Endeavor Trust Corporation, to receive post-consolidation shares [5]. Company Overview - First American Uranium Inc. is focused on mineral exploration and acquisition of mineral property assets in North America, particularly in the Silver Lake and Red Basin properties [6].