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Nordique Resources Proposes 2-for-1 Share Split to Boost Liquidity

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Nordique Resources Proposes 2-for-1 Share Split to Boost Liquidity

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The latest announcement is out from Brascan Gold, Inc. ( (TSE:NORD) ).

Nordique Resources Inc., a company listed on the Canadian Securities Exchange, has announced a proposed share split to increase the liquidity and marketability of its common shares. The share split will be on a 2-for-1 basis, doubling the number of shares from approximately 16.8 million to 33.6 million, pending shareholder and regulatory approval. The company’s name and stock symbol are expected to remain unchanged.

More about Brascan Gold, Inc.

YTD Price Performance: 90.91%

Average Trading Volume: 49,897

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$2.1M

See more insights into NORD stock on TipRanks’ Stock Analysis page.

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