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Vortex Energy Corp. ( (TSE:VRTX) ) has issued an announcement.
Vortex Energy Corp. announced a share consolidation where ten pre-consolidation shares will be converted into one post-consolidation share, effective April 1, 2025. This move will reduce the number of outstanding shares from 82,810,561 to approximately 8,281,056, potentially impacting the company’s market positioning and shareholder value.
More about Vortex Energy Corp.
Vortex Energy Corp. is an exploration stage company focused on the acquisition, exploration, and development of mineral properties in North America. It is advancing the Robinsons River Salt Project in Newfoundland & Labrador, which is prospective for salt and hydrogen salt cavern storage, as well as the Fire Eye Uranium Property in the Athabasca Basin, known for its uranium deposits.
YTD Price Performance: 75.00%
Average Trading Volume: 109,761
Technical Sentiment Signal: Buy
Current Market Cap: C$5.31M
Learn more about VRTX stock on TipRanks’ Stock Analysis page.
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