Sylla Gold Corp (TSE:SYG) has released an update.
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Sylla Gold Corp has announced a share consolidation plan, proposing to convert every three existing common shares into one new common share, subject to shareholder and regulatory approval. The company expects to hold a shareholder meeting in May 2024 to discuss the consolidation. This strategic move is aimed at increasing Sylla Gold’s share value and market position, though the final outcome is uncertain and subject to a variety of legal, regulatory, and market conditions.
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