Molten Metals Corp. (TSE:MOLT) has released an update.
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Molten Metals Corp. has announced a significant share consolidation set to take effect on October 11, 2024, which will result in every ten pre-consolidation shares being merged into one post-consolidation share. This stock restructuring will see the total issued and outstanding shares reduced to approximately 2.65 million, with adjustments to be made for rounding. All convertible instruments of the company will also undergo proportional adjustments in terms of exercise or conversion prices and the number of shares issuable.
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