Serra Energy Metals - Share Consolidation
Serra Energy Metals (CSE: SEEM) (OTCQB: ESVNF) has announced the effective date of its 10:1 share consolidation will be January 9, 2025. Following the consolidation, the company's outstanding shares will reduce from 65,111,146 to approximately 6,511,115 common shares. The consolidation will also affect the company's outstanding stock options, with both quantities and exercise prices being adjusted proportionally.
A new CUSIP (81752V200) and ISIN (CA81752V2003) will be assigned to the post-consolidation shares. Odyssey Trust will manage the exchange process for registered shareholders, while beneficial shareholders holding through intermediaries will have their shares automatically adjusted. The company's name and trading symbol on the Canadian Securities Exchange will remain unchanged.
Serra Energy Metals (CSE: SEEM) (OTCQB: ESVNF) ha annunciato che la data effettiva della sua consolidazione delle azioni 10:1 sarà il 9 gennaio 2025. A seguito della consolidazione, il numero di azioni in circolazione della società passerà da 65.111.146 a circa 6.511.115 azioni ordinarie. La consolidazione influenzerà anche le opzioni azionarie in circolazione della società, con quantità e prezzi di esercizio che saranno aggiustati proporzionalmente.
Un nuovo CUSIP (81752V200) e ISIN (CA81752V2003) saranno assegnati alle azioni post-consolidazione. Odyssey Trust gestirà il processo di scambio per gli azionisti registrati, mentre gli azionisti beneficiari che detengono azioni attraverso intermediari avranno le loro azioni automaticamente adeguate. Il nome della società e il simbolo di contrattazione sulla Canadian Securities Exchange rimarranno invariati.
Serra Energy Metals (CSE: SEEM) (OTCQB: ESVNF) ha anunciado que la fecha efectiva de su consolidación de acciones 10:1 será el 9 de enero de 2025. Tras la consolidación, las acciones en circulación de la compañía se reducirán de 65,111,146 a aproximadamente 6,511,115 acciones ordinarias. La consolidación también afectará las opciones de acciones en circulación de la compañía, con cantidades y precios de ejercicio ajustados proporcionalmente.
Se asignará un nuevo CUSIP (81752V200) y ISIN (CA81752V2003) a las acciones post-consolidación. Odyssey Trust gestionará el proceso de intercambio para los accionistas registrados, mientras que los accionistas beneficiarios que posean acciones a través de intermediarios tendrán sus acciones ajustadas automáticamente. El nombre de la compañía y el símbolo de cotización en la Canadian Securities Exchange permanecerán sin cambios.
Serra Energy Metals (CSE: SEEM) (OTCQB: ESVNF)는 10:1 주식 통합의 효력 발생일이 2025년 1월 9일이 될 것이라고 발표했습니다. 통합 후 회사의 발행 주식 수는 65,111,146주에서 약 6,511,115주로 줄어듭니다. 이번 통합은 회사의 발행 주식 옵션에도 영향을 미쳐 수량과 행사가격이 비례적으로 조정됩니다.
통합 후 주식에는 새로운 CUSIP (81752V200) 및 ISIN (CA81752V2003)이 부여됩니다. Odyssey Trust는 등록 주주를 위한 교환 과정을 관리하며, 중개인을 통해 보유하고 있는 실질 주주들의 주식은 자동으로 조정됩니다. 회사의 이름과 캐나다 증권 거래소에서의 거래 기호는 변경되지 않습니다.
Serra Energy Metals (CSE: SEEM) (OTCQB: ESVNF) a annoncé que la date d'effet de sa consolidation d'actions 10:1 sera le 9 janvier 2025. Suite à cette consolidation, le nombre d'actions en circulation de la société sera réduit de 65 111 146 à environ 6 511 115 actions ordinaires. La consolidation affectera également les options d'actions en circulation de la société, les quantités et les prix d'exercice étant ajustés proportionnellement.
Un nouveau CUSIP (81752V200) et ISIN (CA81752V2003) seront attribués aux actions post-consolidation. Odyssey Trust gérera le processus d'échange pour les actionnaires enregistrés, tandis que les actionnaires bénéficiaires détenant des actions par l'intermédiaire de prêteurs verront leurs actions automatiquement ajustées. Le nom de la société et le symbole de trading sur la Bourse canadienne des valeurs mobilières resteront inchangés.
Serra Energy Metals (CSE: SEEM) (OTCQB: ESVNF) hat angekündigt, dass das Datum für die 10:1 Aktienkonsolidierung der 9. Januar 2025 sein wird. Nach der Konsolidierung wird sich die Anzahl der ausgegebenen Aktien des Unternehmens von 65.111.146 auf etwa 6.511.115 Stammaktien reduzieren. Die Konsolidierung wird auch die ausgegebenen Aktiensoptionsrechte des Unternehmens beeinflussen, wobei sowohl Mengen als auch Ausübungspreise proportional angepasst werden.
Ein neuer CUSIP (81752V200) und ISIN (CA81752V2003) werden den nach der Konsolidierung ausgegebenen Aktien zugewiesen. Odyssey Trust wird den Austauschprozess für registrierte Aktionäre verwalten, während die tatsächlichen Aktionäre, die über Vermittler halten, ihre Aktien automatisch angepasst bekommen. Der Name des Unternehmens und das Handelszeichen an der Canadian Securities Exchange bleiben unverändert.
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Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Serra Energy Metals Corp. (CSE: SEEM) (OTCQB: ESVNF) ("Serra" or the "Company) further to the Company's news release dated December 18, 2024, the Company announces that the effective date of the consolidation of ten (10) common shares for one (1) new share of the Company (the "Consolidation") will be January 9, 2025. The Company currently has 65,111,146 Common Shares outstanding and will have approximately 6,511,115 Common Shares outstanding after completion of the Consolidation, subject to rounding and elimination of any fractional shares resulting from the Consolidation. The number of outstanding stock options of the Company will similarly be adjusted by the Consolidation ratio, and the exercise prices adjusted accordingly.
The post-Consolidation common shares will have a new CUSIP: 81752V200 / ISIN: CA81752V2003. The Company's transfer agent Odyssey Trust Corporation will conduct a transmittal process for registered shareholders to exchange their certificates representing old common shares for the new post-Consolidation shares. Beneficial shareholders holding through an intermediary will have their common shares adjusted automatically through their intermediary and the new CUSIP / ISIN number. There will be no change in the Company's name or trading symbol on the Canadian Securities Exchange as a result of the Consolidation.
About Serra Energy Metals Corp.
Serra Energy Metals Corp. is focused on the acquisition, exploration, and development of green metal projects, with an emphasis on identifying and investigating exploration targets that are drill-ready and situated near infrastructure.
Vince Sorace
Interim President and CEO
For further information regarding Serra, please visit our website at www.serrametals.com. Tel: (778) 373-3749
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicates", "opportunity", "possible" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include but are not limited to statements with respect to the effective date of the Consolidation and the anticipated number of Common Shares issued and outstanding following completion of the Consolidation. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Forward-looking statements are based on the reasonable beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the Canadian Securities Exchange nor its Market Regulator accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236240
FAQ
When will Serra Energy Metals (ESVNF) 10:1 share consolidation take effect?
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What is the new CUSIP and ISIN for Serra Energy Metals (ESVNF) post-consolidation shares?
Will Serra Energy Metals (ESVNF) stock options be affected by the share consolidation?
How will shareholders exchange their Serra Energy Metals (ESVNF) shares after consolidation?
