The company will consolidate its shares on a 1:10 basis effective at the close of business on Tuesday
Primary Energy Metals Inc () (OTCMKTS:PEMTF) announced Tuesday it will consolidate its shares on a 1:10 basis, effective at the close of business on Tuesday.
The Vancouver-based junior explorer will reduce the total number of shares in issue, while simultaneously increasing the nominal or par value of each of the shares.
Its shares outstanding will reduce to around 8.16 million from around 81.6 million.
READ: Primary Energy Metals to uplist to OTC Venture Market
The company said there will be no change to the company's ticker symbol.
Primary Energy Metals is focused on vanadium, cobalt, copper and nickel-focused mineral resource properties.
Contact Katie Lewis: [email protected]
Follow her on : @kelewis
CSE:MOTA
Market: CSE
Market Cap: $11.89 m
Follow
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Mota Ventures named herein, including the promotion by the Company of Mota Ventures in any Content on the Site, the Company receives from said...
FOR OUR FULL DISCLAIMER CLICK HEREDeep dive
Primary Energy Metals changes name to Mota Ventures Corp; closes NNZ...
Most read
Buds & Duds: Cannabis stocks show little excitement; AgraFlora jumps on UK...
The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, declined 0.8% to 120.7 points. Elsewhere, the Horizons Marijuana Life Sciences Index ETF rose 0.2% to C$9.67, while the OTCQX Cannabis index edged down 0.2% to 488.6 points. Buds today...
3 weeks, 5 days ago
2 min read
Prev article
2 min read