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Canter Resources Announces Share Consolidation
Newsfile· 2025-08-11 21:00
Core Viewpoint - Canter Resources Corp. plans to consolidate its common shares on a 7-for-1 basis to enhance its capital structure and improve trading liquidity, positioning the company for strategic partnerships and growth [1][2]. Share Consolidation Details - The consolidation will reduce the number of issued and outstanding shares from 57,198,401 to approximately 8,171,200 [2]. - No fractional shares will be issued; fractional interests will be rounded down or up based on their value [3]. - New CUSIP and ISIN numbers will be obtained for the consolidated shares, with further details to be disclosed in a subsequent release [4]. Shareholder Information - Registered shareholders will receive instructions for exchanging their share certificates, while non-registered shareholders will see automatic adjustments in their brokerage accounts [5]. Company Overview - Canter Resources Corp. is focused on lithium-boron exploration, advancing projects in Nevada, including the Columbus Lithium-Boron Project and the Railroad Valley Lithium-Boron Project [6]. - The company aims to define mineral resources that support technology and clean energy supply chains in North America [6].
CSE Bulletin: Consolidation - Aether Global Innovations Corp. (AETH)
Newsfile· 2025-08-08 20:01
Group 1 - Aether Global Innovations Corp. announced a consolidation of its issued and outstanding common shares at a ratio of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares [1][2][3] - The total number of outstanding shares will be reduced to approximately 12,480,456 common shares following the consolidation [1][3] - The company's name and symbol will remain unchanged despite the share consolidation [1][2][3] Group 2 - All open orders will be canceled at the close of business on August 11, 2025, and dealers are advised to re-enter their orders considering the share consolidation [2][3] - Trading on a consolidated basis will commence on August 12, 2025 [4] - The record date and anticipated payment date for the consolidation is also set for August 12, 2025 [4]
Scryb Announces Effective Date of Proposed Share Consolidation
Newsfile· 2025-08-08 02:20
Core Points - Scryb Inc. will proceed with a share consolidation on a basis of one new common share for every ten old common shares, effective August 13, 2025 [1][2] - The company currently has 323,187,472 common shares issued and outstanding, which will reduce to approximately 32,318,731 common shares post-consolidation [3] - No fractional common shares will be issued; any resulting fractions will be rounded down to the nearest whole number without cash compensation [3] - TSX Trust Company will send a Letter of Transmittal to shareholders for exchanging pre-consolidation share certificates for post-consolidation certificates [4] Company Overview - Scryb Inc. invests in and supports a portfolio of ventures across AI, biotech, digital health, and cybersecurity [5]
Sol Strategies Monthly Update
Newsfile· 2025-08-05 13:23
Core Insights - SOL Strategies Inc. reported a 15% month-over-month revenue growth from June to July 2025, indicating strong operational performance [1][8] - The company has received board approval for a 1-for-8 share consolidation to facilitate its planned Nasdaq listing, which is a significant step towards accessing U.S. capital markets [8][9] - ARK Invest's Digital Asset Revolutions Fund has selected SOL Strategies as its exclusive staking provider, marking a notable partnership with a leading asset management firm [8][9] Financial Performance - Validator operations generated a 15.4% increase in revenue in SOL terms compared to June, driven by growth in network activity and operational efficiencies, achieving a gross margin of approximately 90% [8][9] - As of July 31, 2025, the company holds 396,717 SOL valued at CAD $91.4 million and combined SOL holdings of 428,995 SOL valued at CAD $98.8 million [8] - The company has achieved 100% uptime on its validator operations for over 500 days, showcasing reliability in its infrastructure [8] Upcoming Events - SOL Strategies will release its financial results for the third quarter ending June 30, 2025, on August 26, 2025, followed by a webcast to discuss performance and strategic progress [10][11]
Atomic Minerals Proceeds to Consolidation
Newsfile· 2025-08-05 11:01
Core Viewpoint - Atomic Minerals Corporation is proceeding with a share consolidation of one post-consolidation common share for every two pre-consolidation common shares, effective August 7, 2025, to enhance capital-raising flexibility and attract a broader investor base [1][2][4]. Share Consolidation Details - The new ISIN and CUSIP for the shares will be CA04965P3079 and 04965P307 respectively [2]. - Currently, there are 58,331,591 common shares issued and outstanding, which will reduce to approximately 29,165,795 shares post-consolidation. Fractional shares will be rounded up or cancelled based on specific thresholds [3]. Strategic Rationale - The Board believes that the consolidation will provide increased flexibility to seek additional capital under current market conditions and is in the best interests of shareholders, potentially leading to greater interest from a wider audience of investors [4]. Debt Settlement Plan - The company plans to issue up to 7,000,000 common shares at a price of $0.05 each on a post-consolidated basis to settle debts totaling up to $350,000, pending necessary regulatory approvals [6]. Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSX Venture Exchange, focusing on identifying exploration opportunities in underexplored regions with geological similarities to past uranium discoveries [7]. - The company holds uranium projects with significant technical merit in two locations, including three projects on the Colorado Plateau and properties in the Athabasca region of Saskatchewan and Quebec, Canada [8].
Flora Growth Corp. Announces 1-for-39 Share Consolidation
Newsfile· 2025-07-31 12:01
Core Points - Flora Growth Corp. will implement a 1-for-39 share consolidation effective at 5:00 p.m. Eastern Time on August 3, 2025, with trading on a post-consolidation basis starting August 4, 2025 [1][3] - The share consolidation was previously approved by shareholders at a meeting on June 30, 2025, allowing for a consolidation ratio between 1-for-10 and 1-for-100, with the final decision made by the board of directors [2] - The primary goal of the share consolidation is to increase the bid price of the common shares to comply with Nasdaq Capital Market listing requirements [3] Share Consolidation Details - Every 39 common shares will be reclassified into one new common share, with no modification to the rights or preferences of the shares [4] - The consolidation will not affect the par value of the common shares or the voting power of shareholders [5] - No fractional shares will be issued; shareholders entitled to a fractional share will receive an additional fraction to round up to the next whole share [6] Shareholder Impact - Shareholders holding pre-consolidation shares through banks or brokers will have their positions automatically adjusted without needing further action [7] - Registered shareholders with electronic book-entry shares will also not need to take additional steps for the consolidation [7] - Additional information regarding the share consolidation is available in the definitive proxy statement filed with the SEC on May 6, 2025 [8]
Metalite Announces Share Consolidation
Newsfile· 2025-07-25 21:06
Group 1 - Metalite Resources Inc. announces a consolidation of its outstanding common shares at a ratio of one post-consolidation share for every ten pre-consolidation shares, effective July 25, 2025 [1] - The consolidated shares are expected to begin trading on July 30, 2025, with a new CUSIP of 591236302 and a new ISIN of CA5912363028 [1] - Shareholders with physical certificates will receive a letter of transmittal from the Company's transfer agent, Odyssey Trust Company, and must follow specific instructions to process the consolidation [2] Group 2 - Further details regarding the consolidation can be found in the Company's information circular dated December 31, 2024, available on the SEDAR+ profile [3] - Metalite Resources Inc. is identified as a Canadian junior mineral exploration issuer with a focus on precious metals projects in New South Wales, Australia [4]
Western Forest Products Inc. Announces Effective Date of Share Consolidation
Globenewswire· 2025-07-24 13:00
Core Points - Western Forest Products Inc. announced the effective date for the consolidation of its common shares, which will be on July 24, 2025, at a ratio of one post-consolidation share for every 30 pre-consolidation shares [1][2] - The Toronto Stock Exchange has approved the Share Consolidation, and trading of the post-consolidation shares is expected to begin on July 28, 2025 [2] - The number of issued and outstanding common shares will decrease from approximately 316,745,557 to about 10,558,185 post-consolidation, subject to rounding adjustments [4] Share Consolidation Details - No fractional common shares will be issued; fractional interests will be rounded down or up based on their value [3] - Computershare Investor Services Inc. will act as the exchange agent for the Share Consolidation, providing registered shareholders with a letter of transmittal to facilitate the process [5] - Non-registered shareholders should consult their intermediaries for specific procedures related to the Share Consolidation [6] Company Overview - Western Forest Products is an integrated forest products company focused on a margin-driven log and lumber business, primarily operating in British Columbia and Washington State [8] - The company has a lumber capacity of 780 million board feet from six sawmills and operates four remanufacturing facilities and two glulam manufacturing facilities [8] - Western sources timber through long-term licenses, First Nations arrangements, and market purchases, supplemented by a wholesale program for specialty products [8]
TWG Announces 1-for-90 Share Consolidation
Globenewswire· 2025-07-17 13:45
Company Overview - Top Wealth Group Holding Limited is a holding company incorporated in the Cayman Islands, with operations conducted through its subsidiary in Hong Kong, Top Wealth Group (International) Limited [4] - The company specializes in supplying premium-class sturgeon caviar, with products endorsed by CITES permits [4] - Top Wealth offers caviar under private labeling for customers and also markets its own brand, "Imperial Cristal Caviar," which has seen significant sales growth since its launch [4] Share Consolidation Announcement - The company announced the approval of a proposed 1-for-90 share consolidation of its Class A and Class B ordinary shares [1] - The share consolidation is aimed at regaining compliance with Nasdaq Marketplace Rule 5550(a)(2) to maintain its listing on the Nasdaq Capital Market [2] - Effective from July 21, 2025, every 90 issued and outstanding ordinary shares will be consolidated into one share of a new par value of US$0.009, with no fractional shares issued [3] - The consolidation was approved by the company's board of directors on June 11, 2025, and by shareholders on April 8, 2025 [3]
Atomic Minerals Announces Share Consolidation & Debt Settlement
Newsfile· 2025-07-08 18:20
Core Viewpoint - Atomic Minerals Corporation is recommending a consolidation of its common shares at a ratio of two pre-consolidated shares for one new post-consolidated share to enhance flexibility and position the company for long-term growth [1][4]. Share Consolidation - The company currently has 58,331,591 common shares issued and outstanding, which will reduce to approximately 29,165,795 shares post-consolidation [2]. - The company's name and stock symbol will remain unchanged, but the CUSIP and ISIN numbers will be updated. Fractional shares will be rounded up or cancelled based on specific thresholds [2]. Debt Settlement - The company plans to settle up to $350,000 of outstanding debts by issuing up to 7,000,000 common shares at a price of $0.05 per share on a post-consolidated basis [3]. - After the consolidation and debt settlement, the total number of common shares is expected to be approximately 36,165,795 [3]. Company Strategy - The CEO of Atomic Minerals Corporation emphasized the importance of share consolidation in negotiating favorable terms for potential acquisitions and funding for future projects [4]. - The company is focused on exploring underappreciated regions with geological similarities to areas with previous uranium discoveries, aiming to capitalize on these opportunities [5][6].