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Koryx Copper Announces Share Consolidation

Koryx Copper (TSE:KRY) has released an update.

Koryx Copper Inc. has announced a share consolidation approved by the TSX Venture Exchange, effective at market opening on June 14, 2024, with a ratio of one new share for every five existing shares. Post-consolidation, the company will have approximately 46.3 million shares, adjusted from 231.7 million pre-consolidation shares. Shareholders will receive whole shares in the consolidation, with fractional shares rounded up, and no action is required for those holding shares in brokerage accounts.

For further insights into TSE:KRY stock, check out TipRanks’ Stock Analysis page.

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