Core Viewpoint - One Bullion Ltd. has approved a consolidation of its common shares at a ratio of one new share for every ten existing shares, effective March 4, 2026 [1][2]. Company Overview - One Bullion Ltd. is a Toronto-based gold exploration company focused on advancing high-quality gold assets in Botswana, controlling approximately 8,004 km² of prospective land across three projects: Vumba, Kraaipan, and Maitengwe [5]. - The company was established in 2018 and emphasizes disciplined, data-driven exploration while committing to environmental stewardship and community engagement [5]. Share Consolidation Details - The consolidation was approved by a director resolution, and shareholders must surrender their existing share certificates to receive new certificates reflecting the post-consolidation shares [2]. - The common shares reflecting the consolidation will begin trading on the TSX Venture Exchange under the same symbol "OBUL" starting March 4, 2026 [2]. Consulting Agreement - In connection with the consolidation, SLD Capital Corp. is entitled to receive 200,000 common shares as per a consulting agreement dated July 8, 2024, subject to a statutory hold period [3]. Restricted Share Units - The company has granted a total of 1,100,000 restricted share units to its officers and directors [4].
One Bullion Announces Share Consolidation
Globenewswire·2026-03-02 12:30