Nova Mentis Life Science (TSE:NOVA) has released an update.
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Nova Mentis Life Sciences Corp. is set to undergo a share consolidation, reducing its outstanding shares from 148 million to approximately 30 million, and plans a name change to ‘Restart Life Sciences Corp.’ Additionally, the company aims to settle CAD$318,008.48 in debt by issuing shares at a post-consolidation price of $0.05 each.
For further insights into TSE:NOVA stock, check out TipRanks’ Stock Analysis page.