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An update from Angold Resources Ltd ( (TSE:AERO) ) is now available.
Aero Energy Limited will implement a 10-for-1 consolidation of its common shares effective December 23, 2025, reducing its outstanding shares from approximately 181.5 million to about 18.2 million while maintaining its existing name and ticker symbols on the TSX Venture Exchange, OTC Pink, and FSE. The consolidation, which will also adjust all outstanding options, warrants, and other convertible securities on the same ratio, is expected to result in post-consolidation shares beginning trading on or about December 23, 2025, with registered shareholders required to exchange their old share certificates through the company’s transfer agent, a move that could improve the company’s capital structure and marketability as it advances its uranium-focused asset portfolio in Canada and the United States.
More about Angold Resources Ltd
Aero Energy Limited is a North America-focused uranium company that has built a robust portfolio of exploration and past-producing assets following its merger with Kraken Energy Corp. The company controls district-scale land packages in Saskatchewan’s Athabasca Basin, including the Strike and Murmac projects with numerous shallow, drill-ready uranium targets, and also owns Kraken’s Apex Uranium Property, Nevada’s largest past-producing uranium mine, along with the Huber Hills Property hosting the historic Race Track open pit mine, positioning Aero to capitalize on growing global uranium demand.
Average Trading Volume: 265,203
Technical Sentiment Signal: Sell
Current Market Cap: C$6.29M
See more insights into AERO stock on TipRanks’ Stock Analysis page.