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Chijet Announces Effective Date of Share Consolidation
Globenewswire· 2025-10-29 16:12
Core Viewpoint - Chijet Motor Company, Inc. will implement a 100-for-1 share consolidation of its ordinary shares effective November 3, 2025, which aims to increase the market price per share [1][5]. Share Consolidation Details - The shareholders approved the share consolidation at the annual general meeting on September 24, 2025, allowing for the consolidation of class A and class B ordinary shares [2]. - The consolidation will convert every 100 class A ordinary shares with a par value of US$0.003 into one class A ordinary share with a par value of US$0.3, and similarly for class B shares [2]. - The exact consolidation ratio will be determined by the board of directors within the approved range [2]. Trading and Administrative Aspects - The class A ordinary shares will begin trading on a consolidation-adjusted basis on the Nasdaq Capital Market starting November 3, 2025, with a new CUSIP number assigned [3]. - The share consolidation will affect all issued and outstanding ordinary shares uniformly, and no action is required from shareholders holding shares in book-entry form or through brokers [4][6]. Company Overview - Chijet Motor Company focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs) [7]. - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to NEV production [7]. - The management team comprises industry veterans with extensive experience in various fields including engineering, design, and financial management [7].
Gold'n Futures Announces Upcoming Annual General and Special Meeting
Thenewswire· 2025-10-21 20:30
Core Points - Gold'n Futures Mineral Corp. will hold its annual general and special meeting of shareholders on November 18, 2025, at 11:00 a.m. PST in Vancouver, British Columbia [1] - The company seeks shareholder approval for a proposed share consolidation at a ratio of 100 pre-consolidation common shares for 1 post-consolidation common share [2] - Shareholders of record on September 19, 2025, will be entitled to vote at the AGSM [6] Share Consolidation Details - No fractional shares will be issued; any resulting fraction will be rounded to the nearest whole number [2] - The effective date of the consolidation will be announced if the board considers it in the best interests of the company [4] - The consolidation is subject to acceptance by the Canadian Securities Exchange, and the Board reserves the right to revoke the resolutions prior to implementation [5] Company Overview - Gold'n Futures Mineral Corp. is a mineral exploration company focused on expanding gold resources and developing viable gold mining operations using advanced technologies and geological expertise [7]
VR Resources Announces $1.5M Brokered Private Placement Led by Centurion One Capital, Concurrent Share Consolidation, Management Change, and Start-Up of Drill Planning for its New Boston Tungsten-Molybdenum-Copper-Silver porphyry project in Nevada
Globenewswire· 2025-10-20 23:09
Core Points - VR Resources Limited has entered into an agreement with Centurion One Capital Corp. for a brokered private placement aiming to raise up to $1.5 million through the sale of up to 15 million units at a post-Consolidation issue price of $0.10 per unit [1] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at a price of $0.16 for 36 months [1] - The proceeds from the offering will be allocated for exploration at the New Boston tungsten-moly-copper-silver project and Bonita copper-gold project in Nevada, as well as for general working capital [2] Offering Details - Insiders of the Company and the Lead Agent may acquire up to approximately 50% of the offering, which will be considered a related party transaction [3] - A commission of 8% will be payable to the Lead Agent on the cash proceeds, along with broker warrants equal to 8% of the units issued [4] - The offering is expected to close around November 14, 2025, subject to necessary approvals and the completion of a share consolidation [5] Share Consolidation - The Company will undergo a consolidation of its shares at a ratio of five pre-consolidation shares to one post-consolidation share, pending approval from the Exchange [8] - Following the consolidation, the Company is expected to have approximately 26,688,695 shares outstanding, excluding shares from the offering [9] - The issue price and exercise price reflect the post-consolidation basis [10] Management Change - Justin Daley has resigned as CEO and President, effective October 20, 2025, with Dr. Michael H. Gunning appointed as the new President and CEO [12]
Results of General Meeting
Globenewswire· 2025-10-17 12:29
Core Points - PayPoint plc successfully passed all resolutions at the General Meeting, including the approval of a Special Dividend and Share Consolidation [2][3] - The voting results showed overwhelming support for the resolutions, with the Special Dividend receiving 99.94% approval [3] - The Share Consolidation will result in shareholders receiving 12 New Ordinary Shares for every 13 Existing Ordinary Shares held, effective from 20 October 2025 [6] Voting Results - Resolution 1 (Special Dividend and Share Consolidation): 55,000,050 votes for (99.94%), 33,778 votes against (0.06%) [3] - Resolution 2 (Allotting shares): 54,782,132 votes for (99.55%), 244,953 votes against (0.45%) [3] - Resolution 3 (Disapply pre-emption rights): 54,737,260 votes for (99.48%), 286,713 votes against (0.52%) [3] - Resolution 4 (Disapply pre-emption rights for acquisitions): 53,706,157 votes for (97.60%), 1,319,717 votes against (2.40%) [3] - Resolution 5 (Market purchases of shares): 52,708,547 votes for (95.85%), 2,282,727 votes against (4.15%) [3] Share Capital Information - As of 15 October 2025, PayPoint had 69,020,204 ordinary shares in issue, with one vote per share [5] - Following a buyback and cancellation, the issued share capital will be 69,020,198 ordinary shares as of 17 October 2025 [5] Share Consolidation Details - The Share Consolidation will be effective as of 6:00 p.m. on 17 October 2025, with new shares trading on the London Stock Exchange starting 20 October 2025 [6]
Metal Energy Provides Corporate Update
Newsfile· 2025-10-17 10:00
Core Viewpoint - Metal Energy Corp. is updating its projects and announcing a share consolidation to enhance its capital structure and evaluate new acquisition opportunities in high-quality mining jurisdictions [1][2]. Project Updates - The company is actively assessing additional acquisition opportunities to expand its portfolio in prolific mining areas, specifically the Highland Valley District and the Thompson Nickel Belt [2]. Corporate Update - A consolidation of outstanding Common Shares will occur at a ratio of one new Common Share for every five currently outstanding shares, reducing the expected shares from 141,346,980 to approximately 28,269,396 post-consolidation [3][4]. - The consolidation is set to take effect on October 20, 2025, pending approval from the TSX Venture Exchange [4]. Shareholder Information - Registered shareholders will receive replacement certificates or direct registration advice for their post-consolidation shares, while holders of uncertificated shares will have their accounts electronically adjusted [5][6]. - The exercise price and number of Common Shares under outstanding warrants and stock options will be proportionately adjusted to reflect the consolidation [7]. Additional Information - Metal Energy operates two high-potential projects in Canada: the Manibridge project (Ni-Cu-Co-PGE) in Manitoba and the Highland Valley Project (Cu-Mo-Ag-Au-Re) in British Columbia [9].
Cathedra Bitcoin Announces Completion of Share Consolidation
Newsfile· 2025-10-15 22:14
Core Points - Cathedra Bitcoin Inc. has completed a 30:1 consolidation of its subordinate and multiple voting shares, effective October 15, 2025 [1][2][3] - The consolidation was aimed at reducing the number of shares outstanding and streamlining the company's capital structure [3] - Post-consolidation, the subordinate voting shares will resume trading on the TSX Venture Exchange under the symbol "CBIT" and on the OTCQB under "CBTTF" starting October 16, 2025 [3] Company Overview - Cathedra Bitcoin Inc. develops and operates digital infrastructure assets across North America, hosting bitcoin mining clients in three data centers with a total capacity of 30 megawatts located in Tennessee and Kentucky [4] - The company has recently developed and sold a 60-megawatt data center in North Dakota, where it held a minority interest, with the closing anticipated in 2025 [4] - Cathedra operates a fleet of proprietary bitcoin mining machines, producing approximately 400 PH/s of hash rate [4]
Skycorp Solar Group Announces Results of Extraordinary General Meeting
Globenewswire· 2025-10-14 11:36
Core Points - Skycorp Solar Group Limited held an extraordinary general meeting (EGM) on October 10, 2025, where shareholders approved a resolution regarding share consolidation [1][2][5] - The company focuses on manufacturing and selling solar photovoltaic (PV) products, specifically solar cables and connectors, and aims to expand its offerings for enterprise customers [2][3] Share Consolidation Details - The resolution includes consolidating every 100 shares into 1 share, with the possibility of a lesser amount as determined by the Board, ensuring no fractional shares are issued [5] - Shareholders will receive whole shares, rounding up any fractional shares to the next whole share [5] - The Board is authorized to implement the share consolidation and amend the company's memorandum and articles of association accordingly [5] Company Mission and Operations - Skycorp's mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products [3] - The company operates through subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China, leveraging expertise in solar technologies and global client relationships [2][3]
Evergold Announces Proposed Share Consolidation
Globenewswire· 2025-10-07 11:00
Core Viewpoint - Evergold Corp. plans to consolidate its outstanding common shares at a ratio of ten pre-consolidation shares for one post-consolidation share, in connection with acquiring the Copper King inlier claims related to its Golden Lion property in British Columbia [1][3]. Share Consolidation Details - The company currently has 120,075,696 pre-consolidation shares, which will reduce to approximately 12,007,569 post-consolidation shares after the consolidation [2]. - No fractional shares will be issued; any fractional shares will be rounded down to the nearest whole number without cash compensation [2]. - The consolidation is expected to take effect on October 17, 2025, with a record date of October 16, 2025, pending necessary regulatory approvals [3]. Shareholder Instructions - Registered shareholders will receive a letter of transmittal with instructions for exchanging pre-consolidation share certificates for post-consolidation shares [4]. - Shareholders holding shares in brokerage accounts or in book-entry form do not need to take any action [4]. - Outstanding securities convertible into common shares will also be adjusted according to the consolidation ratio [4]. Company Background - Evergold Corp. is a mineral exploration company listed on TSX-V, with projects in British Columbia and Nevada [5]. - The company has a successful track record in the junior exploration sector, including the establishment of GT Gold Corp. and the discovery of significant mineral deposits sold to Newmont for a fully diluted value of $456 million, representing a 1,136% return on exploration expenditures of $36.9 million [5].
CLIK Announces 1-for-30 Share Consolidation
Globenewswire· 2025-10-07 10:38
Group 1 - Click Holdings Limited has announced the approval of a proposed 1-for-30 share consolidation of its Class A and Class B ordinary shares [1][3] - The share consolidation aims to help the company regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market [2] - Following the consolidation, the total number of shares outstanding will decrease from 34,362,000 to 1,145,400, with 818,353 Class A Ordinary Shares and 327,047 Class B Ordinary Shares post-consolidation [3] Group 2 - Click Holdings Limited is a leader in AI-powered human resources and senior care solutions, connecting clients with a talent pool of over 20,500 professionals [4]
Panther Minerals Announces Share Consolidation
Thenewswire· 2025-10-07 00:40
Core Points - Panther Minerals Inc. will consolidate its common shares at a ratio of one post-consolidated share for every forty pre-consolidated shares to attract new investors [1] - The consolidation was approved by shareholders on September 15, 2025, and by the board on September 26, 2025, with a record date set for October 10, 2025 [2] - Trading of the post-consolidated shares is expected to begin around October 14, 2025, pending final approval from the Canadian Securities Exchange [2] - The company currently has 50,991,754 pre-consolidated shares, which will reduce to approximately 1,274,772 post-consolidated shares [3] - Adjustments will be made to the exercise or conversion price and number of shares for any outstanding convertible instruments [4] - Registered shareholders will receive a letter of transmittal for exchanging their existing shares for new post-consolidated shares [5] - Panther Minerals is focused on advancing a diversified portfolio of high-potential mineral projects, particularly in uranium assets across North America [6]