Canter Resources Announces Share Consolidation

Core Viewpoint - Canter Resources Corp. plans to consolidate its common shares on a 7-for-1 basis to enhance its capital structure and improve trading liquidity, positioning the company for strategic partnerships and growth [1][2]. Share Consolidation Details - The consolidation will reduce the number of issued and outstanding shares from 57,198,401 to approximately 8,171,200 [2]. - No fractional shares will be issued; fractional interests will be rounded down or up based on their value [3]. - New CUSIP and ISIN numbers will be obtained for the consolidated shares, with further details to be disclosed in a subsequent release [4]. Shareholder Information - Registered shareholders will receive instructions for exchanging their share certificates, while non-registered shareholders will see automatic adjustments in their brokerage accounts [5]. Company Overview - Canter Resources Corp. is focused on lithium-boron exploration, advancing projects in Nevada, including the Columbus Lithium-Boron Project and the Railroad Valley Lithium-Boron Project [6]. - The company aims to define mineral resources that support technology and clean energy supply chains in North America [6].