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Weekapaug Lithium Limited ( (TSE:GRUV) ) just unveiled an announcement.
Protium Clean Energy Corp., a company listed on the Canadian Securities Exchange, has announced a share consolidation plan. The company aims to consolidate its common shares at a ratio of ten pre-consolidated shares to one post-consolidation share to attract future financing, generate greater investor interest, and improve trading liquidity. This move will reduce the number of issued and outstanding shares from approximately 101.3 million to about 10.1 million. The consolidation is set to take effect on July 18, 2025, pending acceptance by the Canadian Securities Exchange, and does not require shareholder approval.
More about Weekapaug Lithium Limited
Average Trading Volume: 261,353
Technical Sentiment Signal: Sell
For a thorough assessment of GRUV stock, go to TipRanks’ Stock Analysis page.