Reflex Advanced Materials Corp. Announces Effective Date of 10:1 Consolidation of Shares & Resignation and Appointment of Directors
Globenewswire·2025-10-09 21:51

Core Viewpoint - Reflex Advanced Materials Corp. is set to consolidate its common shares at a ratio of one post-consolidation share for every ten pre-consolidation shares, effective October 15, 2025 [1][2] Share Consolidation Details - The common shares will continue trading under the name "Reflex Advanced Materials Corp." with the trading symbol "RFLX" on the Canadian Securities Exchange, "RFLXF" on the OTCQB, and "HF2" on the Frankfurt Stock Exchange [2] - No fractional common shares will be issued; fractions equal to or greater than one-half will be rounded up, while those less than one-half will be rounded down [3] - Proportionate adjustments will be made to the company's outstanding stock options and share purchase warrants, and shareholder approval for the consolidation is not required [3] Management Changes - Mr. Alex Pleson has resigned as a director, and Mr. Eli Dusenbury has been appointed to fill the vacancy [4]

Reflex Advanced Materials Corp. Announces Effective Date of 10:1 Consolidation of Shares & Resignation and Appointment of Directors - Reportify