Advanced Gold Announces Proposed Consolidation
Advanced Gold Exploration announced a 1-for-10 share consolidation effective following Canadian Securities Exchange approval, reducing outstanding common shares from 79,990,169 to approximately 7,999,016. The company obtained a new CUSIP 00792D202 and ISIN CA00792D2023. There is no name or stock symbol change. Stock options will be proportionately adjusted per their terms. Fractional post-consolidation shares will be rounded down to whole shares. Registered shareholders with physical certificates must return them with a letter of transmittal to Computershare. The company also appointed David McDonald as CFO effective October 20, 2025, and accepted the resignation of former CFO Radovan Danilovsky effective the same date.
Advanced Gold Exploration ha annunciato una consolidazione azionaria 1-per-10 efficace dopo l'approvazione della Canadian Securities Exchange, riducendo le azioni ordinarie in circolazione da 79,990,169 a circa 7,999,016. L'azienda ha ottenuto un nuovo CUSIP 00792D202 e ISIN CA00792D2023. Non vi è alcun cambiamento di nome o di simbolo azionario. Le opzioni su azioni saranno adeguate proporzionalmente in base ai loro termini. Le azioni frazionarie post-consolidamento saranno arrotondate per difetto alle azioni intere. Gli azionisti registrati con certificati fisici devono restituirli con una lettera di trasmissione a Computershare. L'azienda ha anche nominato David McDonald come CFO con effetto dall'20 ottobre 2025, e ha accettato le dimissioni dell'ex CFO Radovan Danilovsky con effetto nella stessa data.
Advanced Gold Exploration anunció una reorganización de acciones de 1 por 10 efectiva tras la aprobación de la Canadian Securities Exchange, reduciendo las acciones comunes en circulación de 79,990,169 a aproximadamente 7,999,016. La empresa obtuvo un nuevo CUSIP 00792D202 y ISIN CA00792D2023. No hay cambio de nombre ni de símbolo bursátil. Las opciones sobre acciones serán ajustadas proporcionalmente conforme a sus términos. Las acciones fraccionarias post-consolidación serán redondeadas hacia abajo a acciones enteras. Los accionistas registrados con certificados físicos deben devolverlos con una carta de transmisión a Computershare. La empresa también designó a David McDonald como CFO con efecto a partir del 20 de octubre de 2025, y aceptó la renuncia del ex CFO Radovan Danilovsky con efecto en la misma fecha.
Advanced Gold Exploration은 1대 10 주식 합병을 발표했으며, 이는 캐나다 증권거래소의 승인을 거친 후 발효되어 79,990,169주의 발행주식이 대략 7,999,016주로 감소합니다. 회사는 새로운 CUSIP 00792D202 및 ISIN CA00792D2023를 얻었습니다. 이름이나 주식 심볼의 변경은 없다는 점이 명시되어 있습니다. 주식 옵션은 조건에 따라 비례 조정됩니다. 합병 후의 부분 주식은 전부 주식으로 버림 처리됩니다. 실물 증권을 보유한 등록 주주는 전송 서신과 함께 Computershare에 반납해야 합니다. 또한 회사는 David McDonald를 CFO로 2025년 10월 20일부로 임명했으며, 같은 날짜에 전 CFO Radovan Danilovsky의 사임을 수락했습니다.
Advanced Gold Exploration annonce une consolidation d'actions de 1 pour 10 effective après l'approbation de la Canadian Securities Exchange, réduisant le nombre d'actions ordinaires en circulation de 79 990 169 à environ 7 999 016. La société a obtenu un nouveau CUSIP 00792D202 et ISIN CA00792D2023. Il n'y a aucun changement de nom ni de symbole boursier. Les options sur actions seront ajustées proportionnellement selon leurs termes. Les actions fractionnaires post-consolidation seront arrondies à l'entier inférieur. Les actionnaires enregistrés détenant des certificats physiques doivent les retourner avec une lettre de transmission à Computershare. L'entreprise a également nommé David McDonald comme CFO à compter du 20 octobre 2025, et a accepté la démission de l'ancien CFO Radovan Danilovsky à la même date.
Advanced Gold Exploration gab eine 1-für-10-Aktienzusammenlegung bekannt, die nach Genehmigung durch die Canadian Securities Exchange wirksam wird und die ausstehenden Stammaktien von 79.990.169 auf ca. 7.999.016 reduziert. Das Unternehmen hat eine neue CUSIP 00792D202 und ISIN CA00792D2023 erhalten. Es gibt keinen Namens- oder Symbolwechsel. Die Aktienoptionen werden gemäß ihren Bedingungen anteilig angepasst. Fraktionale Post-Consolidation-Aktien werden auf ganze Aktien abgerundet. Registrierte Aktionäre mit physischen Zertifikaten müssen diese zusammen mit einem Übertragungsbrief an Computershare zurückgeben. Das Unternehmen hat außerdem David McDonald zum CFO ab dem 20. Oktober 2025 ernannt und den Rücktritt des ehemaligen CFO Radovan Danilovsky zum selben Datum akzeptiert.
Advanced Gold Exploration أعلنت عن دمج أسهم 1 مقابل 10 فعال بعد موافقة Canadian Securities Exchange، مما يقلل الأسهم العادية القائمة من 79,990,169 إلى نحو 7,999,016. حصلت الشركة على CUSIP 00792D202 جديد وISIN CA00792D2023. لا يوجد تغير في الاسم أو رمز السهم. ستُعدل خيارات الأسهم نسبياً وفقاً لشروطها. ستُقرب الأسهم الكسرية بعد الدمج إلى أسهم كاملة. يجب على المساهمين المسجلين الذين يحملون شهادات مادية إعادتها مع خطاب نقل إلى Computershare. كما عيّنت الشركة David McDonald كـ CFO اعتباراً من 20 أكتوبر 2025، ووافقت على استقالة المدير المالي السابق Radovan Danilovsky في نفس التاريخ.
Advanced Gold Exploration 宣布进行1比10的股票合并，在加拿大证券交易所批准后生效，普通股在外流通股数从79,990,169股降至约7,999,016股。公司获得了新的CUSIP 00792D202和ISIN CA00792D2023。不会有名称或股票代码的变更。股票期权将按其条款<强>按比例调整。合并后的零碎股将<把>向下舍入为整股。持有实物证券的登记股东必须通过转让函返回证书并提交至Computershare。公司还任命David McDonald为CFO，自2025年10月20日起生效，同日也接受了前CFO Radovan Danilovsky的辞职。
- Outstanding shares reduced to approximately 7,999,016
- Share consolidation ratio set at 1-for-10
- New corporate identifiers: CUSIP 00792D202 and ISIN CA00792D2023
- Stock option terms will be proportionately adjusted
- Fractional post-consolidation shares will be rounded down
- Registered shareholders must mail physical certificates to Computershare
Toronto, Ontario--(Newsfile Corp. - October 29, 2025) - Advanced Gold Exploration Inc. (CSE: AUEX) ("AUEX" or the "Company") announces the Company's board of directors has approved, and the Company will be effecting, a share consolidation of its issued and outstanding common shares ("Common Shares") on a one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation").
In relation to the Consolidation, the Company has obtained a new CUSIP (00792D202) and ISIN (CA00792D2023). There is no name change or stock symbol change in connection with the Consolidation. The Consolidation is subject to the approval of the Canadian Securities Exchange (the "CSE").
The Consolidation will reduce the number of outstanding Common Shares from 79,990,169 to approximately 7,999,016. The exercise or conversion price and the number of Common Shares issuable under any of the Company's outstanding stock options will be proportionately adjusted to reflect the Consolidation in accordance with the respective terms thereof. No fractional Common Shares will be issued pursuant to the Consolidation and any fractional shares that would have otherwise been issued will be converted into whole Common Shares without par value of the Company, such that fractional Common Shares will be rounded down to the nearest whole number.
Letters of transmittal with respect to the Consolidation will be mailed to registered shareholders of the Company. All registered shareholders with physical certificates will be required to send their respective share certificates representing pre-Consolidation Common Shares, along with a properly executed letter of transmittal, to the Company's registrar and transfer agent, Computershare Trust Company of Canada, in accordance with the instructions provided in the letter of transmittal. Shareholders who hold their Common Shares through a broker, investment dealer, bank or trust company or other intermediary should contact that nominee or intermediary for assistance in depositing their Common Shares in connection with the Consolidation.
In addition, the Company is pleased to announce that David McDonald has been appointed Chief Financial Officer of the Company, effective October 20, 2025. In connection with Mr. McDonald's appointment, Mr. Radovan Danilovsky has resigned as the Chief Financial Officer of the Company, effective October 20, 2025. Mr. Danilovsky remains a director of the Company. The Company wishes to thank Mr. Danilovsky for his past services as Chief Financial Officer.
About Advanced Gold Exploration Inc.
Advanced Gold Exploration (formerly Advance United Holdings Inc.) is a Canadian mineral exploration company. The company has acquired a portfolio of undervalued gold and copper properties and are increasing their value through the application of modern technology, new ideas and systematic exploration. The company has a growing pipeline of similar properties that the company is looking to acquire. Advanced Gold is involved exclusively in the acquisition and advancement of past projects -- with no intent to bring them back into production or to mine them itself. The company's expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time. The company believes it can enhance their economic value at today's prices. The company finances the reworking historic data and applying modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value. The company's purpose is to bring immediate and long-term value to its partners and shareholders while seeking to reduce exploration risk, so that it can all advance in the shortest possible time frame.
Contact Information
James Atkinson, M.Sc., P. Geo
Chairman, Advanced Gold Exploration Inc.
Email: jim@advancedgoldexploration.com
Tel: (647) 278-7502
Forward-Looking Information and Cautionary Statements
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272304
FAQ
What consolidation ratio did Advanced Gold (AUHIF) announce on October 29, 2025?
How many shares will be outstanding after Advanced Gold's (AUHIF) consolidation?
Will Advanced Gold (AUHIF) change its stock symbol after the consolidation?
What happens to my fractional shares from the Advanced Gold (AUHIF) consolidation?
Do stock options change after Advanced Gold's (AUHIF) consolidation?
How do registered shareholders complete the share consolidation process for Advanced Gold (AUHIF)?
Who is the new CFO of Advanced Gold and when did the change take effect?
