Venerable Ventures Plans Share Consolidation

Venerable Ventures (TSE:VLV) has released an update.

Venerable Ventures Ltd. is set to undergo a share consolidation, aiming to convert every two existing shares into one new share, pending approval from the TSX Venture Exchange. The company will announce the effective date of this consolidation in the near future. The consolidation is part of Venerable Ventures’ strategic financial maneuvers, though it carries certain market and regulatory uncertainties.

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