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Prosperity Exploration Corp ( (TSE:URM) ) has provided an update.
First American Uranium Inc. has announced a consolidation of its common shares, converting every three pre-consolidated shares into one post-consolidated share. This move will reduce the total number of shares from approximately 34.3 million to 11.4 million. The company’s name and stock symbol will remain unchanged, and the post-consolidation shares are expected to begin trading on the Canadian Securities Exchange on April 4, 2025. This consolidation aims to streamline the company’s share structure, potentially enhancing its market positioning and attractiveness to investors.
More about Prosperity Exploration Corp
First American Uranium Inc. is engaged in mineral exploration and the acquisition of mineral property assets in North America, focusing on developing economic precious and base metal properties. The company conducts exploration programs on the Silver Lake property, located near Goosly Lake in the Omineca Mining Division, British Columbia.
YTD Price Performance: 75.00%
Average Trading Volume: 38,045
Technical Sentiment Signal: Sell
Learn more about URM stock on TipRanks’ Stock Analysis page.