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Indigo Exploration ( (TSE:IXI) ) just unveiled an update.
Indigo Exploration Inc. has announced a share consolidation, effective March 10, 2025, where two pre-consolidation shares will be converted into one post-consolidation share. This move will reduce the number of issued and outstanding common shares from 66,538,020 to approximately 33,269,010. The consolidation aims to adjust the exercise price and number of shares for the company’s options and warrants proportionally. Post-consolidation shares will begin trading on the TSX Venture Exchange under the same trading symbol, IXI, with a new CUSIP and ISIN. Shareholders will receive instructions on exchanging their shares post-consolidation, which may impact their holdings and require consultation with brokers or intermediaries.
More about Indigo Exploration
Indigo Exploration Inc. operates in the exploration industry, focusing on the development and exploration of mineral resources. The company is listed on the TSX Venture Exchange, OTCQB, and FSE, indicating a market focus on both domestic and international investors.
YTD Price Performance: -12.50%
Average Trading Volume: 90,473
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.33M
See more data about IXI stock on TipRanks’ Stock Analysis page.