Share Consolidation

Intelligent Living Application Group Inc. (ILAG) shareholders approved a share consolidation to boost its stock price and maintain its Nasdaq listing. A 1-for-10 reverse stock split, effective December 30, 2025, will reduce the number of outstanding shares. This move is crucial for complying with Nasdaq’s minimum bid price rule, ensuring continued market participation for the Hong Kong-based lockset manufacturer.

Max Resource Corp. is implementing a 4-for-1 share consolidation to boost investor appeal and a $3.4 million private placement to fund exploration. The company boasts promising gold-silver projects in Colombia with high-grade assays and a copper-silver project funded by Freeport-McMoRan. Additionally, a proposed transaction for its Brazilian iron ore project with Bolt Metals Corp. is underway. These strategic moves aim to enhance shareholder value and accelerate project development.

Aero Energy agreed on Dec 9, 2025 to sell 100 % of RIO Explorations SpA, which holds Chile’s Dorado and Cordillera gold projects, to Batik Resources for $3.6 million. Payment consists of $700,000 cash at closing (≈Dec 17, 2025) net of Chilean withholding tax and $2.9 million in Batik shares issued when Batik completes a public listing by Oct 31, 2026; if the listing fails, Aero can demand the RIO shares back at no cost. Aero also plans a 1‑for‑10 share consolidation and has issued 295,750 finder warrants at $0.11, exercisable until Nov 14, 2026.

Cathedra Bitcoin (CBTTF) announced its Q3 2025 financial results, reporting C$5.5 million in revenue and a net loss of C$0.8 million, a C$3.2 million improvement year-over-year. Subsequent to the quarter, Cathedra executed a 30:1 share consolidation and completed a 15 MW data center in Kentucky, increasing power capacity by 50%. The company aims to expand hosted infrastructure, optimize customer balance, and diversify its power portfolio, while actively scaling its energy infrastructure amid increasing demand for Bitcoin mining and hosting services.

Silver Spruce Resources (TSXV:SSEBF) completed a 1-for-15 share consolidation, effective Oct 31, 2025, reducing shares from 324,152,832 to 21,610,189. Post-consolidation trading on the TSXV begins Nov 4, 2025, under CUSIP 828229302 and ISIN CA8282293023. Fractional shares were handled specifically; warrants and options adjusted. Registered shareholders will receive transmittal instructions; beneficial holders should contact their intermediaries. The company aims to enhance its appeal to investors through this consolidation.

Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW) confirms October 28, 2025, as the effective date for a 20:1 strategic share consolidation, reducing outstanding shares from 70.2 million to 3.5 million. The company aims to enhance its capital structure, broaden market appeal, attract investors, and facilitate future financing for its operations and growth plans. This consolidation is part of Battery X Metals’ “360° strategy,” encompassing battery metals exploration, rebalancing, and recycling. New identifiers are CUSIP 07135M302 and ISIN CA07135M3021.

Waraba Gold (WARAD) executed an 18:1 share consolidation on October 3, 2025, reducing outstanding shares from 168,403,338 to approximately 9,355,808. The company’s CUSIP and ISIN are now 93401G203 and 93401G2036, respectively, while the name and trading symbol remain unchanged. Fractional shares were rounded up. Exercise/conversion prices for convertible securities were proportionately adjusted. Endeavor Trust Corp mailed transmittal letters to registered shareholders; beneficial holders should contact their brokers with questions. Information is available on SEDAR+.

Xebra Brands (CSE:XBRA) will implement a 1-for-10 share consolidation on September 19, 2025, reducing outstanding shares to approximately 8,065,442. Trading of XBRA is currently suspended due to a cease trade order (CTO) issued by the British Columbia Securities Commission on September 3, 2025. The CTO resulted from Xebra’s failure to file required financial documents. The company will retain its name and symbol; however, new CUSIP and ISIN numbers are assigned. Trading will remain halted until compliance is achieved and the BCSC lifts the CTO.

BriaCell Therapeutics (BCTX) announced a 1-for-10 reverse stock split, effective August 25, 2025, to maintain Nasdaq listing compliance. Shareholders receive one new share for every ten held; fractional shares of 0.5 or greater will be rounded up. The company’s convertible securities will be proportionally adjusted. Post-consolidation, BriaCell will continue trading under BCT (TSX) and BCTX (Nasdaq). Registered shareholders will receive transmittal letters with exchange instructions. The reverse split aims to increase the share price and maintain access to capital markets.

OceanaGold Corporation announced a share consolidation effective June 23, 2025, where three pre-consolidation shares will become one. This strategic move, approved by shareholders, supports a potential U.S. listing in 2026, aiming to broaden its investor base and align with exchange requirements. Post-consolidation, the company anticipates approximately 231 million shares outstanding.