Battery X Metals Confirms October 28, 2025 Effective Date for Strategic Share Consolidation to Advance Corporate Growth and Capital Market Presence
Accessnewswireยท2025-10-28 00:00
Core Viewpoint - Battery X Metals has confirmed October 28, 2025, as the effective date for a strategic 20:1 share consolidation, reducing the number of issued and outstanding common shares from approximately 70.2 million to 3.5 million, which is a significant step towards optimizing the company's capital structure [1] Group 1 - The share consolidation is part of broader strategic initiatives aimed at strengthening the company's balance sheet flexibility [1] - The consolidation is expected to enhance the marketability and accessibility of the company's shares [1] - The initiative supports long-term corporate growth and capital markets strategies to expand investor reach and enhance shareholder value [1]