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An announcement from Tesoro Minerals ( (TSE:TES) ) is now available.
Tesoro Minerals Corp. announced a shareholder-approved consolidation of its common shares at a 4:1 ratio, reducing the total number of shares from approximately 131.6 million to 32.9 million. This move, pending TSX Venture Exchange approval, aims to enhance market competitiveness and attract a broader range of investors, without changing the company’s name or trading symbol.
More about Tesoro Minerals
Tesoro Minerals Corp. is a company that has assembled a team of experienced geoscientists with extensive exploration experience in the Americas, aiming to acquire further assets.
Average Trading Volume: 71,843
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.63M
Learn more about TES stock on TipRanks’ Stock Analysis page.