Darelle Online Solutions (TSE:DAR) has released an update.
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Darelle Online Solutions Inc. announces a planned share consolidation to enhance corporate flexibility and make its capital structure more appealing to investors. The consolidation ratio will range between ten to thirty pre-consolidation shares for one post-consolidation share. The move, subject to shareholder and TSX Venture Exchange approval, will substantially reduce the number of outstanding shares from over 73 million to approximately 2.5 million.
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