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The latest update is out from Hertz Lithium, Inc. ( (TSE:HZ) ).
Hertz Energy Inc. has announced a consolidation of its common shares on a 2.5-to-1 basis, which will result in approximately 9,904,671 shares outstanding post-consolidation. This move is part of the company’s strategy to streamline its share structure, potentially enhancing its market positioning and attractiveness to investors.
More about Hertz Lithium, Inc.
Hertz Energy Inc. is a junior exploration company based in British Columbia, focusing on the acquisition and exploration of mineral properties in Eastern Canada. The company has a strategic portfolio of projects targeting lithium and antimony mineralization, with key assets in Quebec and New Brunswick.
Average Trading Volume: 20,087
Technical Sentiment Signal: Sell
Learn more about HZ stock on TipRanks’ Stock Analysis page.