Indigo Exploration Announces Date for Share Consolidation
Indigo Exploration (TSXV: IXI) (OTCQB: IXIXF) has announced a share consolidation scheduled for March 10, 2025. The consolidation will be executed on a 2:1 basis, where two pre-consolidation shares will be converted into one post-consolidation share.
Currently, the company has 66,538,020 common shares outstanding, which will be reduced to approximately 33,269,010 shares after the consolidation. The consolidation will also proportionally adjust the exercise price and number of shares for outstanding options and warrants.
Shareholders will receive rounded-down whole shares, and a letter of transmittal will be mailed to registered holders to exchange their pre-consolidation certificates. The company will maintain its trading symbol IXI on the TSX Venture Exchange, with new CUSIP (45568X304) and ISIN (CA45568X3040) numbers.
Indigo Exploration (TSXV: IXI) (OTCQB: IXIXF) ha annunciato una fusione delle azioni programmata per il 10 marzo 2025. La fusione sarà eseguita su base 2:1, dove due azioni pre-fusione saranno convertite in una azione post-fusione.
Attualmente, la società ha 66.538.020 azioni ordinarie in circolazione, che saranno ridotte a circa 33.269.010 azioni dopo la fusione. La fusione regolerà anche proporzionalmente il prezzo di esercizio e il numero di azioni per le opzioni e i warrant in circolazione.
Gli azionisti riceveranno azioni intere arrotondate per difetto, e una lettera di trasmissione sarà inviata ai titolari registrati per scambiare i loro certificati pre-fusione. La società manterrà il suo simbolo di negoziazione IXI sulla Borsa TSX Venture, con nuovi numeri CUSIP (45568X304) e ISIN (CA45568X3040).
Indigo Exploration (TSXV: IXI) (OTCQB: IXIXF) ha anunciado una consolidación de acciones programada para el 10 de marzo de 2025. La consolidación se llevará a cabo en una relación de 2:1, donde dos acciones antes de la consolidación se convertirán en una acción después de la consolidación.
Actualmente, la empresa tiene 66,538,020 acciones ordinarias en circulación, que se reducirán a aproximadamente 33,269,010 acciones después de la consolidación. La consolidación también ajustará proporcionalmente el precio de ejercicio y el número de acciones para las opciones y garantías en circulación.
Los accionistas recibirán acciones enteras redondeadas hacia abajo, y se enviará una carta de transmisión a los titulares registrados para intercambiar sus certificados antes de la consolidación. La empresa mantendrá su símbolo de negociación IXI en la Bolsa de Valores TSX Venture, con nuevos números CUSIP (45568X304) y ISIN (CA45568X3040).
인디고 탐사 (TSXV: IXI) (OTCQB: IXIXF)는 2025년 3월 10일에 예정된 주식 통합을 발표했습니다. 통합은 2:1 비율로 진행되며, 두 개의 통합 전 주식이 하나의 통합 후 주식으로 전환됩니다.
현재 회사는 66,538,020개의 보통주가 발행되어 있으며, 통합 후 약 33,269,010주로 줄어들 것입니다. 통합은 또한 발행 중인 옵션과 워런트의 행사 가격 및 주식 수를 비례적으로 조정합니다.
주주들은 내림된 정수 주식을 받게 되며, 등록된 주주에게는 통합 전 증서를 교환하기 위한 전송 서신이 발송됩니다. 회사는 TSX 벤처 거래소에서 IXI 거래 기호를 유지하며, 새로운 CUSIP (45568X304) 및 ISIN (CA45568X3040) 번호를 부여받습니다.
Indigo Exploration (TSXV: IXI) (OTCQB: IXIXF) a annoncé une consolidation d'actions prévue pour le 10 mars 2025. La consolidation sera effectuée sur une base de 2:1, où deux actions avant consolidation seront converties en une action après consolidation.
Actuellement, la société a 66 538 020 actions ordinaires en circulation, qui seront réduites à environ 33 269 010 actions après la consolidation. La consolidation ajustera également proportionnellement le prix d'exercice et le nombre d'actions pour les options et warrants en circulation.
Les actionnaires recevront des actions entières arrondies à la baisse, et une lettre de transmission sera envoyée aux détenteurs enregistrés pour échanger leurs certificats avant consolidation. La société conservera son symbole de négociation IXI à la Bourse TSX Venture, avec de nouveaux numéros CUSIP (45568X304) et ISIN (CA45568X3040).
Indigo Exploration (TSXV: IXI) (OTCQB: IXIXF) hat eine Aktienzusammenlegung für den 10. März 2025 angekündigt. Die Zusammenlegung erfolgt im Verhältnis 2:1, wobei zwei Aktien vor der Zusammenlegung in eine Aktie nach der Zusammenlegung umgewandelt werden.
Derzeit hat das Unternehmen 66.538.020 ausgegebene Stammaktien, die nach der Zusammenlegung auf etwa 33.269.010 Aktien reduziert werden. Die Zusammenlegung wird auch den Ausübungspreis und die Anzahl der Aktien für ausstehende Optionen und Warrants proportional anpassen.
Aktionäre erhalten gerundete ganze Aktien, und ein Übertragungsbrief wird an registrierte Inhaber gesendet, um ihre Zertifikate vor der Zusammenlegung einzutauschen. Das Unternehmen wird sein Handelssymbol IXI an der TSX Venture Exchange beibehalten, mit neuen CUSIP (45568X304) und ISIN (CA45568X3040) Nummern.
- Share consolidation may help meet minimum share price requirements for exchange listing
- No change in shareholders' proportional ownership in the company
- Share consolidation reduces total number of outstanding shares by half
- Potential reduction in trading liquidity due to fewer shares in circulation
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2025) - Indigo Exploration Inc. (TSXV: IXI) (OTCQB: IXIXF) (FSE: INEN) (the "Company") announces that the consolidation of the Company's issued and outstanding common shares on the basis of two (2) pre consolidation shares for every one (1) post consolidation share (the "Consolidation") will occur on March 10, 2025 (the "Effective Date").
As of the date of this news release, the Company has 66,538,020 common shares issued and outstanding. Upon completion of the Consolidation, it is expected that there will be approximately 33,269,010 common shares issued and outstanding, not including rounding for any fractional amounts resulting from the Consolidation. The number of post-consolidation common shares to be received by a shareholder will be rounded down to the nearest whole common share.
The exercise price and number of common shares issuable upon the exercise of the Company's outstanding options and warrants will be proportionally adjusted upon completion of the Consolidation in accordance with the terms thereof.
Effective at the opening of trading on the Effective Date, the Company's pre-Consolidation common shares will be delisted from the TSX Venture Exchange and the post Consolidation common shares will commence trading. The Company's trading symbol, IXI, will remain unchanged. The Company's new CUSIP and ISIN are 45568X304 and CA45568X3040, respectively.
A letter of transmittal will be mailed to the registered holders of the Company's common shares as soon as practical after the Effective Date, requesting that those shareholders forward their pre-Consolidation share certificates or Direct Registration ("DRS") along with completed letters of transmittal to the Company's transfer agent, Computershare Investor Services Inc., to be exchanged for DRS advice representing their common shares on a post-Consolidation basis. Shareholders holding shares through brokers, banks or other intermediaries should consult with their broker, bank or other intermediary with respect to their post Consolidation shareholdings.
On Behalf of the Board of Directors,
President and CEO
Paul Cowley: (604) 340-7711
Website: www.indigoexploration.com
Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243499
FAQ
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