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Total Metals Corp. Aligns Financial Year-End with Recent Acquisition

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Total Metals Corp. Aligns Financial Year-End with Recent Acquisition

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Total Metals ( (TSE:TT) ) has shared an update.

Total Metals Corp. has announced a change in its financial year-end from December 31 to April 30, following the acquisition of Compton Mining Corp. This strategic move aligns the company’s fiscal year with that of Compton, now a wholly-owned subsidiary, and reflects a reverse take-over for accounting purposes. The change is expected to streamline financial reporting and is deemed beneficial for the company’s operations. Stakeholders can expect a transitional financial year ending April 30, 2026, with further details available in the company’s official filings.

More about Total Metals

Total Metals Corp. is involved in the acquisition, exploration, and development of mineral properties in North America. The company currently focuses on the Electrolode Property, located in the Red Lake Mining Division, Ontario, Canada.

Average Trading Volume: 163,354

Technical Sentiment Signal: Buy

Current Market Cap: C$1.13M

Learn more about TT stock on TipRanks’ Stock Analysis page.

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