Canter Resources Announces Effective Date for Share Consolidation

Core Viewpoint - Canter Resources Corp. is proceeding with a share consolidation, converting seven existing common shares into one new share, effective August 22, 2025, subject to regulatory approval [1][2]. Company Overview - Canter Resources Corp. is a junior mineral exploration company focused on lithium-boron projects in Nevada, USA, specifically the Columbus Lithium-Boron Project and the Railroad Valley Lithium-Boron Project [4]. - The company is employing a phased drilling approach at the Columbus project to explore brine targets for lithium-boron enrichment and aims to develop a portfolio of high-quality projects to support technology and clean energy supply chains in North America [4]. Share Consolidation Details - The share consolidation will result in approximately 8,169,771 shares outstanding post-consolidation, down from 57,188,401 shares [2]. - The new ISIN for the consolidated shares will be CA13810W2013 and the new CUSIP will be 13810W201 [2]. - Registered shareholders with physical share certificates will need to exchange them for new certificates through the company's transfer agent, while those holding shares through brokers will not need to take any action [3].