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Maple Gold Announces Effective Date of Share Consolidation
Newsfile·2025-09-04 11:00

Core Points - Maple Gold Mines Ltd. will consolidate its common shares on a 10:1 basis, meaning ten pre-consolidation shares will convert into one post-consolidation share [1][2] - The effective date for the share consolidation is set for September 8, 2025, and the company will have approximately 45,744,846 shares outstanding post-consolidation [2][3] - No fractional shares will be issued; any resulting fractions will be rounded to the nearest whole share [3] - The company will adjust outstanding incentive stock options, warrants, and convertible securities on the same 10:1 basis [3] - Registered shareholders will receive letters of transmittal to exchange their pre-consolidation shares for post-consolidation shares [4] Company Overview - Maple Gold Mines Ltd. is focused on advancing its 100%-owned Douay/Joutel Gold Project located in Québec's Abitibi Greenstone Gold Belt [5] - The Douay/Joutel project covers approximately 481 km² and includes an established gold mineral resource with significant expansion potential [5][6] - The company holds an exclusive option to acquire the Eagle Mine Property, part of the historical Joutel Mining Complex [5] - The property package includes numerous regional exploration targets along a 55-km strike length of the Casa Berardi Deformation Zone, which have yet to be drilled [6] - The company aims to grow mineral resources and make new discoveries to establish a new gold district in the Abitibi region [6]