Canter Resources Announces Effective Date for Share Consolidation
Canter Resources (OTC:CNRCF), a U.S.-focused lithium-boron exploration company, has announced the effective date for its 7:1 share consolidation. The consolidation will take effect on August 22, 2025, reducing the company's outstanding shares from 57,188,401 to approximately 8,169,771 shares.
The company's shares will begin trading on a consolidated basis at market open on August 22, with a new ISIN (CA13810W2013) and CUSIP (13810W201). Registered shareholders holding physical certificates will receive instructions to exchange their pre-consolidation shares through the company's transfer agent, Odyssey Trust Company.
Canter Resources (OTC:CNRCF), società statunitense attiva nell’esplorazione di litio e boro, ha annunciato la data di efficacia per la riduzione azionaria 7:1. La consolidazione entrerà in vigore il 22 agosto 2025, portando il numero di azioni in circolazione da 57.188.401 a circa 8.169.771 azioni.
Le azioni inizieranno a essere negoziate in forma consolidata all’apertura del mercato il 22 agosto, con un nuovo ISIN (CA13810W2013) e CUSIP (13810W201). Gli azionisti registrati che detengono certificati fisici riceveranno istruzioni per scambiare le loro azioni pre-consolidamento tramite l’agente di trasferimento della società, Odyssey Trust Company.
Canter Resources (OTC:CNRCF), una compañía estadounidense dedicada a la exploración de litio y boro, ha anunciado la fecha de vigencia de su consolidación de acciones 7:1. La consolidación entrará en vigor el 22 de agosto de 2025, reduciendo las acciones en circulación de 57.188.401 a aproximadamente 8.169.771 acciones.
Las acciones comenzarán a cotizar de forma consolidada en la apertura del mercado el 22 de agosto, con un nuevo ISIN (CA13810W2013) y CUSIP (13810W201). Los accionistas registrados que posean certificados físicos recibirán instrucciones para canjear sus acciones previas a la consolidación a través del agente de transferencias de la compañía, Odyssey Trust Company.
Canter Resources (OTC:CNRCF), 미국을 중심으로 리튬·붕소 탐사를 진행하는 회사가 7:1 주식 병합의 발효일을 발표했습니다. 병합은 2025년 8월 22일에 시행되어 발행 주식 수를 57,188,401주에서 약 8,169,771주로 줄입니다.
해당 주식은 8월 22일 장 시작과 함께 병합 기준으로 거래를 시작하며, 새로운 ISIN(CA13810W2013)과 CUSIP(13810W201)이 부여됩니다. 물리적 증서(주권)를 보유한 등록 주주는 회사의 주식 이전 대리인인 Odyssey Trust Company를 통해 병합 이전 주식을 교환하라는 안내를 받게 됩니다.
Canter Resources (OTC:CNRCF), une société américaine spécialisée dans l’exploration du lithium et du bore, a annoncé la date d’entrée en vigueur de sa regroupement d’actions 7:1. Le regroupement prendra effet le 22 août 2025, réduisant le nombre d’actions en circulation de 57 188 401 à environ 8 169 771 actions.
Les actions commenceront à être négociées sur une base consolidée à l’ouverture des marchés le 22 août, avec un nouvel ISIN (CA13810W2013) et CUSIP (13810W201). Les actionnaires enregistrés détentrices de certificats physiques recevront des instructions pour échanger leurs actions avant regroupement via l’agent de transfert de la société, Odyssey Trust Company.
Canter Resources (OTC:CNRCF), ein auf die USA fokussiertes Explorationsunternehmen für Lithium und Bor, hat das Wirksamkeitsdatum seiner 7:1-Aktienzusammenlegung bekannt gegeben. Die Konsolidierung tritt am 22. August 2025 in Kraft und reduziert die ausstehenden Aktien von 57.188.401 auf etwa 8.169.771 Aktien.
Die Aktien werden ab Handelseröffnung am 22. August auf konsolidierter Basis gehandelt, mit einer neuen ISIN (CA13810W2013) und CUSIP (13810W201). Eingetragene Aktionäre, die physische Zertifikate halten, erhalten Anweisungen zum Umtausch ihrer Vor-Konsolidierungs-Aktien über den Transferagenten der Gesellschaft, Odyssey Trust Company.
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Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") a U.S.-focused lithium-boron exploration company, announces that, further to its news release of August 11, 2025, and subject to regulatory approval, it will effect its share consolidation on the basis of seven (7) existing common shares (the "Shares") for one (1) new Share (the "Consolidation") on Friday, August 22, 2025.
The Shares of the Company will begin trading on a consolidated basis at the opening of trading on Friday, August 22, 2025. The new ISIN is CA13810W2013 and the new CUSIP is 13810W201. As of the date hereof, there are 57,188,401 Shares issued and outstanding. On a post-Consolidation basis, the Company will have approximately 8,169,771 Shares issued and outstanding, subject to rounding.
Registered shareholders who hold physical Share certificates will receive a letter of transmittal requesting that they forward pre-Consolidation Share certificates to the Company's transfer agent, Odyssey Trust Company, in exchange for new Share certificates representing Shares on a post-Consolidation basis. Shareholders who hold their Shares through their broker or other intermediary and do not have Shares registered in their own name will not be required to complete a letter of transmittal.
About Canter Resources Corp.
Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment and plans to leverage the Company's critical metals targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the technology and domestic clean energy supply chains in North America.
On behalf of the Board of Directors.
For further information contact:
Joness Lang
Chief Executive Officer
Canter Resources Corp.
Tel: 778.382.1193
jlang@canterresources.com
For investor inquiries contact:
Kristina Pillon, High Tide Consulting Corp.
Tel: 604.908.1695
investors@canterresources.com
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's plans for the Project and the payments related thereto, the issuance of the Consideration Shares and the Company's expected exploration activities.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262929
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