Terra Balcanica Resources Corp. (TSE:TERA) has released an update.
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Terra Balcanica Resources Corp. is set to consolidate its common shares on a three-for-one basis, aiming to enhance shareholder value by reducing the number of outstanding shares and potentially increasing the share price. Additionally, the company has engaged Independent Trading Group to provide market-making services to boost the liquidity of its common shares on the Canadian Securities Exchange. Shareholders and interested parties should look out for further details on the effective date and new share identifiers in an upcoming news release.
For further insights into TSE:TERA stock, check out TipRanks’ Stock Analysis page.