Maple Gold Announces Effective Date of Share Consolidation
Maple Gold Mines (OTCQB: MGMLF) has announced a 10:1 share consolidation effective September 8, 2025. The consolidation will reduce the company's outstanding shares from 457,448,465 to approximately 45,744,846 shares.
The company's name and stock symbol will remain unchanged, though new CUSIP and ISIN numbers will be assigned. All outstanding incentive stock options, warrants, and convertible securities will be proportionally adjusted. Registered shareholders will receive letters of transmittal with instructions to exchange their pre-consolidation shares through Computershare Trust Company.
Maple Gold Mines (OTCQB: MGMLF) ha annunciato una riedizione delle azioni in rapporto 10:1 con efficacia dal 8 settembre 2025. L’operazione ridurrà le azioni in circolazione da 457.448.465 a circa 45.744.846 azioni.
Il nome della società e il simbolo di borsa resteranno invariati, ma verranno assegnati nuovi numeri CUSIP e ISIN. Tutte le opzioni su azioni incentivanti, i warrant e gli strumenti convertibili verranno adeguati proporzionalmente. Gli azionisti registrati riceveranno lettere di trasmissione con le istruzioni per scambiare le azioni antecedenti alla consolidazione tramite Computershare Trust Company.
Maple Gold Mines (OTCQB: MGMLF) ha anunciado una consolidación de acciones 10:1 con vigencia el 8 de septiembre de 2025. La consolidación reducirá las acciones en circulación de 457.448.465 a aproximadamente 45.744.846 acciones.
El nombre de la compañía y el símbolo bursátil permanecerán sin cambios, aunque se asignarán nuevos números CUSIP e ISIN. Todas las opciones de acciones incentivas, warrants y valores convertibles se ajustarán de manera proporcional. Los accionistas registrados recibirán cartas de transmisión con instrucciones para canjear sus acciones previas a la consolidación a través de Computershare Trust Company.
Maple Gold Mines (OTCQB: MGMLF)는 2025년 9월 8일부로 10:1 주식 병합을 실시한다고 발표했습니다. 이번 병합으로 발행 주식 수는 457,448,465주에서 약 45,744,846주로 줄어듭니다.
회사명과 종목 기호는 변경되지 않지만 새로운 CUSIP 및 ISIN 번호가 부여됩니다. 모든 발행된 인센티브 스톡옵션, 워런트 및 전환증권은 비례하여 조정됩니다. 명부에 등록된 주주들은 Computershare Trust Company를 통해 병합 이전 주식을 교환하는 방법이 담긴 전송 서한을 받게 됩니다.
Maple Gold Mines (OTCQB: MGMLF) a annoncé une consolidation d’actions au ratio 10:1 prenant effet le 8 septembre 2025. Cette opération réduira le nombre d’actions en circulation de 457 448 465 à environ 45 744 846 actions.
Le nom de la société et le symbole boursier resteront inchangés, mais de nouveaux numéros CUSIP et ISIN seront attribués. Toutes les options d’achat d’actions incitatives, les warrants et les titres convertibles seront ajustés proportionnellement. Les actionnaires enregistrés recevront des lettres de transmission avec les instructions pour échanger leurs actions antérieures à la consolidation via Computershare Trust Company.
Maple Gold Mines (OTCQB: MGMLF) hat eine Aktienkonsolidierung im Verhältnis 10:1 angekündigt, die am 8. September 2025 wirksam wird. Die Konsolidierung reduziert die ausstehenden Aktien von 457.448.465 auf etwa 45.744.846 Stück.
Der Firmenname und das Börsensymbol bleiben unverändert, es werden jedoch neue CUSIP- und ISIN-Nummern vergeben. Alle ausstehenden Incentive-Aktienoptionen, Warrants und wandelbaren Wertpapiere werden anteilig angepasst. Registrierte Aktionäre erhalten Übermittlungsbriefe mit Anweisungen zum Umtausch ihrer vor der Konsolidierung gehaltenen Aktien über die Computershare Trust Company.
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Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") announces that, further to the Company's news release dated August 20, 2025, the Company will consolidate the common shares in the capital of the Company (the "Shares") on the basis of ten (10) pre-consolidation Shares for every one (1) post-consolidation Share (the "Consolidation").
The Company's name and stock symbol will remain unchanged following the Consolidation. The new CUSIP number will be 565127602 and the new ISIN will be CA5651276027 for post-Consolidation Shares. The effective date of the Consolidation will be September 8, 2025.
The Company currently has 457,448,465 Shares issued and outstanding, and immediately following the Consolidation, the Company will have approximately 45,744,846 Shares issued and outstanding.
No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded up or down to the nearest whole Share. The Company's outstanding incentive stock options, warrants, and any convertible securities will be adjusted on the same basis (10:1) to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices. The Company's post-Consolidation Shares are expected to begin trading on the TSX Venture Exchange on or about September 8, 2025.
Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Trust Company of Canada (the "Transfer Agent"), in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through the Transfer Agent by calling 1-800-564-6253 or by emailing corporateactions@computershare.com. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Share certificate(s) to the Transfer Agent will receive a post-Consolidation Share certificate or direct registration system statement representing the post-Consolidation Shares.
About Maple Gold
Maple Gold Mines Ltd. is a Canadian advanced exploration company focused on advancing its
Maple Gold's property package also hosts a significant number of regional exploration targets along a 55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the property ripe for new gold and VMS discoveries. The Company is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi. For more information, please visit www.maplegoldmines.com.
ON BEHALF OF MAPLE GOLD MINES LTD.
"Kiran Patankar"
Kiran Patankar, President & CEO
For Further Information, Please Contact:
Kiran Patankar, President & CEO
or
Deborah Honig, Adelaide Capital - deborah@adcap.ca
Phone: 647-265-8688
Email: info@maplegoldmines.com
Website: www.maplegoldmines.com
LinkedIn: https://www.linkedin.com/company/maplegoldmines
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.
Forward-Looking Statements and Cautionary Notes:
This news release contains "forward-looking information" and "forward-looking statements" (collectively referred to as "forward-looking statements") within the meaning of applicable Canadian securities legislation in Canada. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,", "strategy", "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. Forward-looking statements in this news release include, but are not limited to, statements about the Consolidation, including the related timing thereof, the treatment of fractional Shares in connection with the Consolidation, the mailing of the letters of transmittal in respect of the Consolidation, resource expansion and discovery potential across the Company's gold projects, and its intention to pursue such potential, and the Company's exploration work and results from current and future work programs. Although the Company believes that forward-looking statements in this news release are reasonable, it can give no assurance that such expectations will prove to be correct, as forward-looking statements are based on assumptions, uncertainties and management's best estimate of future events on the date the statements are made and involve a number of risks and uncertainties. Consequently, actual events or results could differ materially from the Company's expectations and projections, and readers are cautioned not to place undue reliance on forward-looking statements. For a more detailed discussion of additional risks and other factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements in this news release, please refer to the Company's filings with Canadian securities regulators available on the System for Electronic Document Analysis and Retrieval Plus (SEDAR+) at www.sedarplus.ca or the Company's website at www.maplegoldmines.com. Except to the extent required by applicable securities laws and/or the policies of the TSX Venture Exchange, the Company undertakes no obligation to, and expressly disclaims any intention to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265094
FAQ
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