Refined Metals Corp. Announces Proposed Share Consolidation
VANCOUVER, British Columbia, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Refined Metals Corp. (CSE: RMC; OTC: RFMCF; FRA:CWA0) (the “Company”) is pleased to announce that its board of directors has approved a consolidation (the “Consolidation”) of the common shares of the Company (“Common Shares”) on a two-to-one basis.
- VANCOUVER, British Columbia, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Refined Metals Corp. (CSE: RMC; OTC: RFMCF; FRA:CWA0) (the “Company”) is pleased to announce that its board of directors has approved a consolidation (the “Consolidation”) of the common shares of the Company (“Common Shares”) on a two-to-one basis.
- The Company has 57,288,955 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares to approximately 28,644,478 Common Shares.
- The Company will issue a subsequent news release, following its filing of all necessary documentation with the CSE in respect of the proposed Consolidation, announcing the effective date of the proposed Consolidation, the new CUSIP and ISIN for the consolidated Common Shares and any other relevant details regarding the proposed Consolidation.
- No fractional Common Shares will be issued as a result of the proposed Consolidation.