Aero Energy Announces Effective Date of Share Consolidation
Grupo AeromexicoGrupo Aeromexico(US:AERO) TMX Newsfile·2025-12-19 17:36

Core Viewpoint - Aero Energy Limited will consolidate its common shares on a 10-for-1 basis effective December 23, 2025, while retaining its name and stock symbol [1][4]. Share Consolidation Details - The current number of issued and outstanding shares is 181,516,273, which will reduce to approximately 18,151,638 shares post-consolidation [2]. - No fractional shares will be issued; any resulting fractions will be rounded to the nearest whole share [3]. - Outstanding incentive stock options, warrants, and convertible securities will also be adjusted on a 10:1 basis, including proportional adjustments to exercise prices [3]. Trading Information - Post-consolidation shares are expected to begin trading on the TSX Venture Exchange on or about December 23, 2025 [4]. Shareholder Instructions - Registered shareholders will receive letters of transmittal and must send their pre-consolidation share certificates to the company's transfer agent, Computershare Investor Services Inc., to receive post-consolidation share certificates [5]. Company Overview - Aero Energy Limited has a robust portfolio of uranium assets in North America, including projects in Saskatchewan's Athabasca Basin and Nevada [6]. - The company aims to capitalize on the growing global demand for uranium following its merger with Kraken Energy Corp., which enhances its asset base [6].

Grupo Aeromexico-Aero Energy Announces Effective Date of Share Consolidation - Reportify