NV Gold Announces Share Consolidation Plan

NV Gold (TSE:NVX) has released an update.

NV Gold Corporation has announced a consolidation of its common shares at a ratio of 1 post-consolidated share for every 10 pre-consolidated shares, effective as markets open on February 28, 2024. This action will condense the current 88.7 million outstanding shares to approximately 8.9 million. The procedure, which awaits final TSX Venture Exchange confirmation, will not alter the company’s name or stock symbol, and is aimed at increasing shareholder value through a more focused capital structure.

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