VR Confirms Effective Date of Previously Announced Consolidation
Globenewswire·2026-01-14 00:00

Core Viewpoint - VR Resources Limited is proceeding with a brokered private placement offering of up to 17,187,500 units for total gross proceeds of $2,750,000, alongside a consolidation of its common shares on a 10-for-1 basis, pending approval from the TSX Venture Exchange [1][2]. Company Overview - VR Resources Limited is a junior exploration company based in Vancouver, focusing on copper, gold, and critical metals in Nevada, USA, and Ontario, Canada [4]. - The company utilizes modern exploration technologies and has a proven track record in early-stage exploration, discovery, and mergers and acquisitions [4]. Share Consolidation Details - The company currently has 133,443,467 common shares issued and outstanding, which will reduce to approximately 13,344,346 post-consolidation shares, excluding those to be issued in connection with the offering [2]. - The consolidation will take effect on January 19, 2026, with the new ISIN number being CA91831M2040 and the CUSIP number 91831M204 [2]. Offering Conditions - The completion of the offering is conditional upon the successful execution of the share consolidation [2].

VR Confirms Effective Date of Previously Announced Consolidation - Reportify