Share Consolidation
-
BriaCell Sets Proposed Effective Date for Share Consolidation
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 Sets Effective Date for Share Consolidation Related to US Listing
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.
-
Search Minerals Announces TSX Venture Exchange Reinstatement Timing and Share Consolidation
Search Minerals (TSXV: SMY) announced the resumption of trading on June 16, 2025, and a share consolidation (10:1) effective June 17, 2025. The company focuses on critical rare earth elements like CREE, Zr, and Hf, with assets in Labrador’s Port Hope Simpson-St. Lewis and Red Wine districts, including ready-to-drill prospects. This release includes forward-looking statements about potential risks and uncertainties.
-
Therma Bright Inc. Announces Stock Consolidation
Therma Bright Inc. plans an 8-for-1 share consolidation, pending TSX Venture Exchange approval. This strategic move aims to enhance flexibility for future financing and business activities. Approximately 56.5 million shares will be outstanding post-consolidation, with no changes to the company’s name or trading symbol expected. The board approved the consolidation, which adheres to TSXV policies.
-
Core Assets Announces Effective Date for Share Consolidation and Name Change
Core Assets Corp. will consolidate shares at a 10:1 ratio and rebrand as Core Silver Corp., effective June 4, 2025. The trading symbol “CC” remains, while new CUSIP/ISIN designations are introduced. The company, focused on British Columbia exploration, will concentrate on its Blue Property silver project, located in a historically under-explored district it believes holds significant potential.