Newfoundland Discovery Announces Effective Date of Share Consolidation
Newfoundland Discovery Corp (CSE: NEWD) (OTC Pink: NEWDF) has announced the implementation of a 1-for-10 share consolidation, effective November 6, 2024. Following the consolidation, the company will have approximately 9,322,666 common shares issued and outstanding. The company will continue trading under the same name and symbol on the Canadian Securities Exchange. Computershare Investor Services Inc. will serve as the transfer agent for this corporate action.
Newfoundland Discovery Corp (CSE: NEWD) (OTC Pink: NEWDF) ha annunciato l'implementazione di una consolidazione delle azioni 1 per 10, che entrerà in vigore il 6 novembre 2024. A seguito della consolidazione, la società avrà circa 9.322.666 azioni ordinarie emesse e in circolazione. L'azienda continuerà a negoziare sotto lo stesso nome e simbolo sulla Canadian Securities Exchange. Computershare Investor Services Inc. fungerà da agente di trasferimento per questa operazione aziendale.
Newfoundland Discovery Corp (CSE: NEWD) (OTC Pink: NEWDF) ha anunciado la implementación de una consolidación de acciones de 1 por 10, con efecto desde el 6 de noviembre de 2024. Después de la consolidación, la compañía tendrá aproximadamente 9,322,666 acciones ordinarias emitidas y en circulación. La empresa continuará negociando bajo el mismo nombre y símbolo en la Canadian Securities Exchange. Computershare Investor Services Inc. actuará como agente de transferencia para esta acción corporativa.
뉴펀들랜드 디스커버리 주식회사 (CSE: NEWD) (OTC Pink: NEWDF)가 10주 중 1주로의 주식 통합을 2024년 11월 6일부터 시행한다고 발표했습니다. 통합 이후 회사는 약 9,322,666주의 보통주가 발행 및 유통될 예정입니다. 회사는 캐나다 증권 거래소에서 동일한 이름과 기호로 계속 거래할 것입니다. 컴퓨터쉐어 투자 서비스 주식회사가 이번 기업 행동의 이체 대행인 역할을 하게 됩니다.
Newfoundland Discovery Corp (CSE: NEWD) (OTC Pink: NEWDF) a annoncé la mise en œuvre d'une consolidation d'actions 1 pour 10, effective le 6 novembre 2024. Suite à la consolidation, la société aura environ 9 322 666 actions ordinaires émises et en circulation. La société continuera à négocier sous le même nom et symbole à la Canadian Securities Exchange. Computershare Investor Services Inc. agira en tant qu'agent de transfert pour cette action corporative.
Newfoundland Discovery Corp (CSE: NEWD) (OTC Pink: NEWDF) hat die Umsetzung einer 1-zu-10-Aktienkonsolidierung bekannt gegeben, die am 6. November 2024 in Kraft tritt. Nach der Konsolidierung wird das Unternehmen voraussichtlich etwa 9.322.666 Stammaktien ausgegeben und im Umlauf haben. Das Unternehmen wird weiterhin unter dem gleichen Namen und Symbol an der Canadian Securities Exchange gehandelt. Computershare Investor Services Inc. wird als Übertragungsagent für diese Unternehmensmaßnahme fungieren.
- None.
- Share consolidation (reverse split) typically indicates company's struggle to maintain listing requirements or stock price
- 10:1 consolidation ratio represents significant share reduction, which may impact trading liquidity
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - NEWFOUNDLAND DISCOVERY CORP. (CSE: NEWD) (OTC Pink: NEWDF) (FSE: M4K) ("Newfoundland Discovery" or "the Company") announces that, further to its news release dated October 30, 2024, the Company shall proceed on a share consolidation of one (1) post-consolidation share for every ten (10) pre-consolidation shares.
Effective at the opening on Wednesday, November 6, 2024, the shares of the Company will commence trading on the Canadian Securities Exchange on a consolidated basis. The name and stock symbol share remain the same.
Post-Consolidation Capitalization: Unlimited common shares with no par value of which approximately 9,322,666 common shares are issued and outstanding.
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: NEWD
CUSIP Number: 651346207 (new)
Record Date: November 6, 2024
About Newfoundland Discovery Corp.
Newfoundland Discovery Corp. (CSE: NEWD) (OTC Pink: NEWDF) is a Canadian junior mining exploration Company, with a primary focus on the exploration and development of mineral assets in active Canadian mining districts. Our portfolio of projects includes lithium prospects in the Hearst, Ontario district, a portfolio of precious and base metal projects in Newfoundland, and a strategic early-mover foothold on projects in the Detour Lake Gold Mine district of Ontario.
On Behalf of the Board of Directors,
NEWFOUNDLAND DISCOVERY CORP.
"Jeremy Prinsen"
President, CEO & Director
Corporate Communications
Email: info@newfoundlanddiscovery.com
Website: www.newfoundlanddiscovery.ca
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts no responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement
This news release may contain certain "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results, or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228671
FAQ
When will Newfoundland Discovery's (NEWDF) share consolidation take effect?
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Will Newfoundland Discovery's trading symbol change after the November 2024 consolidation?
