Deveron UAS (TSE:FARM) has released an update.
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Deveron UAS, a Toronto-based company, has announced the filing of a management information circular regarding a shareholder meeting to propose a stock consolidation. This consolidation suggests a reduction in outstanding shares, exchanging up to five existing shares for one new share. The move is pending approval from the TSX Venture Exchange, securities regulators, and Deveron’s shareholders.
For further insights into TSE:FARM stock, check out TipRanks’ Stock Analysis page.