Norden Crown Streamlines Capital Structure

Norden Crown Metals Corp (TSE:NOCR) has released an update.

Norden Crown Metals Corp has announced the successful approval of both a share consolidation and a shares for debt transaction, with the consolidation set to be effective on May 10, 2024. The company will trade under the same symbol ‘NOCR’ but with a new CUSIP number, and it has canceled its planned non-brokered private placement. Investors can expect a reduction in the final number of shares to be issued for debt settlement, with a new deemed price adjusted for the consolidation.

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