Graphano Announces Five-for-One Share Split
Graphano Energy (TSXV: GEL, OTC: GELEF) has announced a five-for-one forward stock split of its common shares, pending TSX Venture Exchange approval. The company currently has 17,188,268 shares outstanding, which will increase to approximately 85,941,340 shares post-split.
The split will be conducted on a "push-out" basis, requiring no action from shareholders. All outstanding convertible securities, including stock options and warrants, will be proportionally adjusted. The company aims to enhance share liquidity and broaden its investor base by making shares more accessible.
Graphano Energy (TSXV: GEL, OTC: GELEF) ha annunciato un split azionario in avanti di cinque azioni per ogni azione posseduta, in attesa dell'approvazione della TSX Venture Exchange. Attualmente la società ha 17.188.268 azioni in circolazione, che aumenteranno a circa 85.941.340 azioni dopo lo split.
Lo split sarà effettuato con modalità “push-out”, senza necessità di alcuna azione da parte degli azionisti. Tutti i titoli convertibili in circolazione, comprese le stock option e i warrant, saranno adeguati proporzionalmente. L’obiettivo della società è migliorare la liquidità delle azioni e ampliare la base di investitori rendendo le azioni più accessibili.
Graphano Energy (TSXV: GEL, OTC: GELEF) ha anunciado una división de acciones a favor de los accionistas de cinco por una, pendiente de la aprobación de la TSX Venture Exchange. Actualmente, la compañía tiene 17,188,268 acciones en circulación, que aumentarán a aproximadamente 85,941,340 acciones después de la división.
La división se realizará mediante un método “push-out”, sin que los accionistas deban realizar ninguna acción. Todos los valores convertibles en circulación, incluidas las opciones sobre acciones y los warrants, se ajustarán proporcionalmente. La compañía busca mejorar la liquidez de las acciones y ampliar su base de inversores haciendo las acciones más accesibles.
Graphano Energy (TSXV: GEL, OTC: GELEF)는 TSX 벤처 거래소의 승인을 기다리며 5대1 주식 액면분할을 발표했습니다. 현재 회사는 17,188,268주를 발행 중이며, 분할 후 약 85,941,340주로 증가할 예정입니다.
이번 분할은 주주들의 별도 조치 없이 자동으로 진행되는 '푸시 아웃' 방식으로 실시됩니다. 모든 전환 가능 증권, 주식 옵션 및 워런트도 비례하여 조정됩니다. 회사는 주식의 유동성을 높이고 투자자 기반을 확대하여 주식을 더 쉽게 접근할 수 있도록 하는 것을 목표로 하고 있습니다.
Graphano Energy (TSXV : GEL, OTC : GELEF) a annoncé une division d’actions à raison de cinq pour un, sous réserve de l’approbation de la TSX Venture Exchange. La société compte actuellement 17 188 268 actions en circulation, qui passeront à environ 85 941 340 actions après la division.
La division se fera selon un mécanisme de « push-out », sans action requise de la part des actionnaires. Tous les titres convertibles en circulation, y compris les options d’achat et les bons de souscription, seront ajustés proportionnellement. La société vise à améliorer la liquidité des actions et à élargir sa base d’investisseurs en rendant les actions plus accessibles.
Graphano Energy (TSXV: GEL, OTC: GELEF) hat eine Aktienaufteilung im Verhältnis fünf zu eins seiner Stammaktien angekündigt, vorbehaltlich der Genehmigung durch die TSX Venture Exchange. Das Unternehmen hat derzeit 17.188.268 ausstehende Aktien, die sich nach der Aufteilung auf etwa 85.941.340 Aktien erhöhen werden.
Die Aufteilung erfolgt als sogenannter „Push-out“, das heißt, Aktionäre müssen keine Maßnahmen ergreifen. Alle ausstehenden wandelbaren Wertpapiere, einschließlich Aktienoptionen und Warrants, werden proportional angepasst. Das Unternehmen möchte die Liquidität der Aktien verbessern und seine Anlegerbasis erweitern, indem es die Aktien zugänglicher macht.
- Stock split will increase share accessibility and potentially improve trading liquidity
- No shareholder action required due to push-out basis implementation
- Automated adjustment of all convertible securities maintains proportional value
- Split execution is subject to TSX Venture Exchange approval
- Administrative processes including warrant holder notifications must be completed before implementation
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2025) - Graphano Energy Ltd. (TSXV: GEL) (OTC PINK: GELEF) (FSE: 97G0) ("Graphano" or the "Company") is pleased to announce that its board of directors has approved a forward split of the Company's common shares (the "Common Shares") on the basis of one (1) Common Share currently outstanding being split into five (5) Common Shares (the "Share Split").
The Share Split is subject to the approval of the TSX Venture Exchange and to the completion of certain administrative processes, including the delivery of notice to warrant holders in accordance with the terms of the Company's warrant indenture. The record date and effective date for the Share Split will be announced once finalized.
As of the date hereof, the Company has 17,188,268 Common Shares issued and outstanding. Following the completion of the Share Split, the Company expects to have approximately 85,941,340 Common Shares issued and outstanding. The Company's authorized share capital will remain unchanged.
The Share Split will also result in a proportionate adjustment to the terms of all outstanding convertible securities of the Company, including stock options and share purchase warrants. The number of securities issuable upon exercise or conversion and the corresponding exercise or conversion prices will be adjusted in accordance with their respective terms to reflect the Share Split.
The Share Split will be conducted on a "push-out" basis, and therefore no action is required by registered or beneficial shareholders. Existing direct registration statements ("DRS") representing Common Shares will remain valid and should be retained by shareholders. Odyssey Trust Company ("Odyssey"), the Company's registrar and transfer agent, will electronically issue the appropriate number of additional Common Shares to CDS Clearing and Depository Services Inc. ("CDS") for distribution to non-registered (beneficial) shareholders. Odyssey will also mail or email updated DRS statements to registered shareholders reflecting the additional Common Shares issued as a result of the Share Split.
There will be no change to the Company's name, trading symbol, or CUSIP number in connection with the Share Split.
The purpose of the Share Split is to enhance the liquidity of the Common Shares in the public market and broaden the Company's investor base by making the Common Shares more accessible to investors.
Further details, including the record date and effective date of the Share Split, will be announced in a subsequent news release.
About Graphano Energy
Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring, and developing energy metals resources from exploration to production.
Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. The Company's Lac Aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the Company is developing its projects to meet the demands of the future.
ON BEHALF OF THE BOARD OF DIRECTORS
Luisa Moreno
Chief Executive Officer and Director
E: info@graphano.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the completion, timing and impact of the proposed share split, the approval of the TSX Venture Exchange, the delivery of required notices to warrant holders, the issuance of Common Shares in connection with the share split, the adjustment of outstanding convertible securities, and the anticipated increase in liquidity and shareholder accessibility. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, that all regulatory approvals will be received in a timely manner, that the required notice periods and administrative steps will be completed without delay, risks related to delays or failure to obtain TSX Venture Exchange approval; delays in coordinating or delivering notices under the warrant indenture; general market conditions; regulatory changes, and that market conditions will remain favourable, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects; and other factors beyond the Company's control. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at www.sedarplus.ca, the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Graphano does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260901
FAQ
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