Hertz Energy Announces Share Consolidation
Hertz Energy (OTCQB: HZLIF) has announced a share consolidation on a 2.5-to-1 basis, effective September 19, 2025. Following the consolidation, the total number of outstanding shares will be reduced to approximately 9,904,671 shares.
The company will maintain its name and trading symbol, but will receive new CUSIP (42804X305) and ISIN (CA42804X3058) numbers. The consolidation will proportionally adjust all outstanding convertible securities, and fractional shares will be rounded according to standard practices.
Hertz Energy (OTCQB: HZLIF) ha annunciato una consolidazione azionaria su base 2,5 a 1, efficace dal 19 settembre 2025. Dopo la consolidazione, il numero totale di azioni in circolazione sarà ridotto a circa 9.904.671 azioni.
L'azienda manterrà il nome e il simbolo di negoziazione, ma riceverà nuovi numeri CUSIP (42804X305) e ISIN (CA42804X3058). La consolidazione adeguerà proporzionalmente tutti i titoli convertibili in circolazione, e le azioni frazionarie saranno arrotondate secondo le pratiche standard.
Hertz Energy (OTCQB: HZLIF) ha anunciado una consolidación de acciones en una base de 2,5 a 1, vigente a partir del 19 de septiembre de 2025. Tras la consolidación, el número total de acciones en circulación se reducirá a aproximadamente 9.904.671 acciones.
La empresa mantendrá su nombre y símbolo de cotización, pero recibirá nuevos números CUSIP (42804X305) e ISIN (CA42804X3058). La consolidación ajustará proporcionalmente todos los valores convertibles en circulación, y las fracciones de acciones se redondearán de acuerdo con las prácticas estándar.
Hertz Energy (OTCQB: HZLIF)가 2.5 대 1 기준으로 주식 합병을 발표했으며, 이는 2025년 9월 19일부터 효력을 발휘합니다. 합병 후 발행 주식 총수는 대략 9,904,671주로 감소합니다.
회사는 이름과 거래 기호를 유지하지만 새로운 CUSIP(42804X305)과 ISIN(CA42804X3058) 번호를 받게 됩니다. 합병은 발행된 모든 전환 가능 증권에 비례적으로 적용되며, 소수 주식은 표준 관행에 따라 반올림됩니다.
Hertz Energy (OTCQB : HZLIF) a annoncé une consolidation des actions sur une base de 2,5 pour 1, à compter du 19 septembre 2025. Suite à la consolidation, le nombre total d’actions en circulation sera réduit à environ 9 904 671 actions.
La société conservera son nom et son symbole de négociation, mais recevra de nouveaux numéros CUSIP (42804X305) et ISIN (CA42804X3058). La consolidation ajustera proportionnellement tous les titres convertibles en circulation, et les actions fractionnaires seront arrondies conformément aux pratiques standard.
Hertz Energy (OTCQB: HZLIF) hat eine Aktieneinheitung auf Basis von 2,5 zu 1 angekündigt, wirksam zum 19. September 2025. Nach der Konsolidierung wird die Gesamtzahl der ausstehenden Aktien auf etwa 9.904.671 Aktien reduziert.
Das Unternehmen behält seinen Namen und das Handelssymbol bei, erhält jedoch neue CUSIP-Nummer (42804X305) und ISIN (CA42804X3058). Die Konsolidierung wird alle ausstehenden wandelbaren Wertpapiere anteilig anpassen, und Bruchteile von Aktien werden gemäß den üblichen Praktiken gerundet.
Hertz Energy (OTCQB: HZLIF) أعلنت عن توحيد الأسهم بنسبة 2.5 إلى 1، اعتباراً من 19 سبتمبر 2025. عقب التوحيد، سيُقلص الإجمالي لعدد الأسهم القائمة إلى نحو 9,904,671 سهمًا.
ستحتفظ الشركة باسمها ورمز التداول الخاص بها، لكنها ستحصل على أرقام CUSIP جديدة (42804X305) و ISIN (CA42804X3058). سيُعدل التوحيد بشكل متناسب جميع الأوراق المالية القابلة للتحويل القائمة، وستُقرب الأسهم الكسريّة وفقاً للممارسات القياسية.
Hertz Energy (OTCQB：HZLIF)宣布以 2.5:1 的基准进行股票合并，生效日期为 2025 年 9 月 19 日。合并后，在外发行的总股数将减少至大约 9,904,671 股。
公司将保留其名称和交易代码，但将获得新的 CUSIP（42804X305）和 ISIN（CA42804X3058）号码。合并将按比例调整所有在外的可转换证券，且小数股的四舍五入将按照标准做法进行。
- None.
- Share consolidation could indicate challenges in maintaining minimum share price requirements
- Potential reduction in trading liquidity due to fewer outstanding shares
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: A34) (the "Company" or "Hertz") announces that, further to its news release dated August 18, 2025, the Company will consolidate its common shares (the "Shares") on a two and one-half (2.5) Shares for one (1) Share basis effective September 19, 2025 (the "Consolidation").
The total issued and outstanding number of Shares post-Consolidation will be approximately 9,904,671, subject to rounding for fractional Shares. The name of the Company and trading symbol will remain the same after the Consolidation. The new CUSIP number will be 42804X305 and the new ISIN number will be CA42804X3058 for the post-Consolidation Shares.
No fractional Common Shares will be issued upon the Consolidation. In the event a holder of Shares would otherwise be entitled to receive a fractional Share in connection with the Consolidation, the number of Shares to be received by such shareholder will be rounded down to the next whole number if that fractional Share is less than one half (1/2) of a Common Share, and will be rounded up to the next whole number of Shares if that fractional Share is equal to or greater than one half (1/2) of a Share.
The exercise or conversion price, and the number of Shares issuable under any of the Company's outstanding convertible securities, will be proportionately adjusted upon the effectiveness of the Consolidation.
Registered holders can contact the Company's transfer agent, Odyssey Trust Company, via the contact information below to request their new, post-Consolidation Direct Registration System ("DRS") statements showing the adjustment to their position.
Contact information for DRS:
Direct Dial (all regions): 1-587-885-0960
US & Canada (toll-free): 1-888-290-1175
Email: corp.actions@odysseytrust.com
Registered shareholders whose email addresses are on file will have their new, post-Consolidation DRS statements emailed to them.
About the Company
Hertz Energy is a British Columbia-based junior exploration company focused on the acquisition and exploration of mineral properties in Eastern Canada. The Company maintains a strategic portfolio of four projects targeting lithium and antimony mineralization in Quebec and New Brunswick.
Lithium Portfolio: The Company's lithium assets include the Agastya Lithium Property in Quebec, comprising three non-contiguous claim blocks positioned along the greenstone belt adjacent to the Adina, Trieste, and Galinée properties-areas recognized for significant LCT (Lithium-Cesium-Tantalum) pegmatite potential within favorable greenstone and metasediment host rocks. The 26,500-hectare AC/DC Project is strategically located in Quebec's James Bay Lithium District, situated just 26 kilometers southeast of Patriot Battery Metals' Corvette Lithium Project and contiguous to Rio Tinto's Kaanaayaa project claims.
Antimony Portfolio: The Company's antimony assets consist of the Harriman Property, located 17 kilometers northeast of New Richmond in Quebec's Gaspé Region, where preliminary exploration is targeting antimony and gold mineralization along with zinc and copper potential. The Lake George Property, situated 30 kilometers southwest of Fredericton in New Brunswick, is being explored for antimony-gold mineralization.
For further information, please contact Mr. Kal Malhi or view the Company's filings at www.sedarplus.ca.
On Behalf of the Board of Directors
Kal Malhi
Chief Executive Officer and Director
Phone: 604-805-4602
Email: kal@bullruncapital.ca
Cautionary Statement Regarding "Forward-Looking" Information
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. 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" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the 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.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266582
FAQ
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