Workflow
Minerals Development
icon
Search documents
Idaho Copper Corp. Announces 1:20 Reverse Stock Split to Support Uplisting Requirements
Globenewswire· 2025-12-16 18:40
Core Viewpoint - Idaho Copper Corp. has implemented a 1-for-20 reverse stock split to increase its share price and meet initial listing standards for the NYSE American exchange as part of its uplisting strategy [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split became effective on December 15, 2025, combining every twenty shares into one share [1][3]. - The total number of authorized shares was reduced from 100,000,000 to 5,000,000, affecting all stockholders uniformly without altering their percentage ownership, except for minor adjustments for fractional shares [3]. - Fractional shares resulting from the split will be rounded up to the nearest whole share, and proportional adjustments will be made to outstanding equity awards, warrants, options, and other securities [3]. Group 2: Stockholder Information - VStock Transfer is acting as the exchange agent for the reverse stock split, and stockholders in book-entry form or "street name" will see automatic adjustments in their accounts [4]. - Stockholders holding physical share certificates will receive instructions from the transfer agent regarding the exchange process [4]. - The common stock will trade under the temporary ticker symbol "COPRD" for 20 business days, reverting to "COPR" around January 13, 2026, with a new CUSIP number of 481159200 [4]. Group 3: Company Overview - Idaho Copper Corp. is focused on developing a significant copper-molybdenum project in Boise County, Idaho, known as the "CuMo" project, which spans 2,640 acres [5]. - The CuMo project is one of the largest undeveloped copper deposits in the western hemisphere, estimated at approximately 4 billion pounds of copper, and likely the largest undeveloped molybdenum deposit globally, with 1.6 billion pounds [5].
NioCorp Reports Assay Results from First Complete Diamond Drill Hole from Drilling Program
Accessnewswire· 2025-10-16 21:50
Core Insights - NioCorp Developments Ltd. has announced assay results from the first completed diamond drill hole at its Elk Creek Project in Southeast Nebraska [1] Company Summary - NioCorp is identified as a leading U.S. critical minerals developer, focusing on the exploration and development of critical minerals [1]