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Infinitum Copper Plans 10-for-1 Share Consolidation to Streamline Capital Structure

Story Highlights
  • Infinitum Copper will consolidate its common shares on a 10-for-1 basis, pending TSX Venture Exchange approval.
  • The consolidation will adjust options and warrants but leave the company’s name and ticker unchanged, aiming to streamline its capital structure.
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Infinitum Copper Plans 10-for-1 Share Consolidation to Streamline Capital Structure

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The latest update is out from Infinitum Copper Corp ( (TSE:INFI) ).

Infinitum Copper Corp. has announced plans to consolidate its common shares on a 10-for-1 basis, reducing the number of issued and outstanding shares, subject to approval by the TSX Venture Exchange. The consolidation, which will also proportionately adjust all outstanding options and warrants while leaving the company’s name and trading symbol unchanged, is intended to streamline the capital structure and could influence trading dynamics and investor perception once the effective date is confirmed.

More about Infinitum Copper Corp

Infinitum Copper Corp. is a Canadian-based junior exploration company focused on advancing near-term copper projects across the Americas. The company pursues a disciplined growth strategy built around the discovery, acquisition and responsible development of scalable copper assets, with the aim of generating long-term value for shareholders.

Average Trading Volume: 66,646

Technical Sentiment Signal: Buy

Current Market Cap: C$2.08M

For an in-depth examination of INFI stock, go to TipRanks’ Overview page.

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