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The latest update is out from Labrador Technologies ( (TSE:LTX) ).
Labrador Resources has called an annual and special shareholders’ meeting for 14 January 2026 to vote on a proposed consolidation of its common shares at a ratio of up to one post-consolidation share for every three pre-consolidation shares, with the final ratio to be set by the board. The company, which currently has 24.67 million shares outstanding, says the consolidation would apply equally to all convertible securities and would include rounding rules to avoid issuing fractional shares, and management believes a higher per-share price could help attract new investors, support equity financing and potentially increase liquidity, though the move remains contingent on shareholder approval and TSX Venture Exchange clearance.
More about Labrador Technologies
Labrador Resources Ltd. is a TSX Venture Exchange–listed company trading under the symbol LTX. The company is involved in the resource sector, with its common shares accessible to investors via Canadian securities disclosure platform SEDAR+.
Average Trading Volume: 18,174
Technical Sentiment Signal: Sell
Current Market Cap: C$1.11M
For an in-depth examination of LTX stock, go to TipRanks’ Overview page.