Fredonia Mining Inc (TSE:FRED) has released an update.
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Fredonia Mining Inc. has announced a share consolidation, converting five pre-consolidated shares into one post-consolidated share, effective around November 14, 2024. This move will reduce the total outstanding shares from 228 million to approximately 46 million. Additionally, insider participation was significant in a recent private placement of units.
For further insights into TSE:FRED stock, check out TipRanks’ Stock Analysis page.