trending Market Intelligence /marketintelligence/en/news-insights/trending/BllZzxbjVZKCLIyo4vqrpQ2 content esgSubNav
In This List

Mineral Mountain consolidates shares on 1-for-5 basis

Blog

Essential Metals & Mining Insights - October 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Video

Essential Metals & Mining Insights - September 2021

Blog

Lithium and Cobalt CBS September 2021 — Lithium price surges, cobalt range-bound


Mineral Mountain consolidates shares on 1-for-5 basis

The consolidation of MineralMountain Resources Ltd.'s common shares, on a 1-for-5 basis, will takeeffect April 8 and will trade on TSX Venture Exchange as such on the same date.

Outstanding incentive stock options will also be consolidatedon the same basis, with proportionate adjustments being made to exercise prices,the company said April 8.

The shares were consolidated to improve trading liquidity andto satisfy the terms of a sale andpurchase agreement to acquire two properties and a database from explorationwork in the Rochford gold district in Black Hill, S.D.

Following the consolidation, Mineral Mountain will have around40,419,069 common shares, from 202,095,348 shares.