ReeXploration Announces 1-for-5 Share Consolidation
Bitget2026/10/28 10:35- ReeXploration announced a one-for-five common share consolidation on October 28, 2026, aimed at attracting investment and improving access to capital.
- Outstanding common shares will decline from 135,229,107 to approximately 27,045,821, subject to rounding.
- Shareholders approved the consolidation on September 28, 2026; implementation remains subject to TSX Venture Exchange acceptance.
- The effective date and start of post-consolidation trading will be announced following exchange acceptance.
- Fractional shares will be rounded up to whole shares; outstanding stock options and warrants will be adjusted proportionately.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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