Standard Uranium Ltd (TSE:STND) has released an update.
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Standard Uranium Ltd. has announced a share consolidation with an effective date at market opening on May 8, 2024, where each five pre-consolidation shares will be combined into one post-consolidation share. The move aims to improve market competitiveness and appeal to a broader investor base, with the total number of shares dropping from 230,649,292 to approximately 46,129,859. Shareholders will receive instructions on how to exchange their current share certificates for those representing the new share structure.
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