Power Group Projects Corp (TSE:PGP) has released an update.
Power Group Projects Corp. has announced a consolidation of its common shares, condensing ten existing shares into one new share, which is expected to simplify the company’s capital structure and potentially improve access to capital. The total post-consolidation issued shares will amount to 11,956,056, without any changes to shareholder ownership percentages or the company’s name and trading symbol. The consolidation is pending regulatory approval, with further details to be provided in a future press release.
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