Tombador Iron Ltd. (AU:TI1) has released an update.
Tombador Iron Limited has announced a security consolidation affecting its ordinary shares, options, and performance rights, with the reorganization commencing trading on a deferred settlement basis starting 28th August 2024. Shareholder approval for the consolidation was secured at the Annual General Meeting held on the 22nd of August 2024. The consolidation is set to streamline the company’s capital structure and is expected to be completed by 5th September 2024.
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