Rockland Resources (TSE:RKL) has released an update.
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Rockland Resources plans to consolidate its common shares and outstanding options and warrants to enhance its flexibility in pursuing additional financing opportunities. The company’s share count will be reduced from approximately 73.9 million to 14.8 million, pending approval from the Canadian Securities Exchange.
For further insights into TSE:RKL stock, check out TipRanks’ Stock Analysis page.
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