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GreenPower Motor announces proposed share consolidation

GreenPower Motor (GP) announces that it it intends to complete a consolidation of its issued and outstanding common shares on the basis of one new Share for every ten currently-outstanding Shares. It is anticipated that the Consolidation will reduce the number of outstanding shares of the Company from 30,462,084 Shares to approximately 3,046,208 Post-consolidated Shares, subject to adjustment for rounding.

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