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Velox Energy Prepares for ASX Dual Listing with Share Consolidation

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Velox Energy Prepares for ASX Dual Listing with Share Consolidation

Currie Rose Resources (TSE:VLX) has released an update.

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Velox Energy Materials Inc. has announced a share consolidation as a move towards its dual listing on the Australian Securities Exchange, with a 1 for 2.88 share consolidation ratio. This strategic step will reduce the number of shares from approximately 254.5 million to about 88.4 million, effective on 23 August 2024, pending TSXV approval.

For further insights into TSE:VLX stock, check out TipRanks’ Stock Analysis page.

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