Graycliff Exploration Announces Proposed Consolidation
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) announced a proposed one-for-four share consolidation of its issued and outstanding common shares, subject to approval by the Canadian Securities Exchange.
The consolidation will reduce outstanding shares from 17,609,841 to approximately 4,402,460. The company will obtain a new CUSIP and ISIN, but the name and stock symbol will not change. Outstanding stock options will be proportionately adjusted. No fractional post-consolidation shares will be issued: fractions under 1/2 will be cancelled and fractions of at least 1/2 will be rounded up.
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) ha annunciato una proposta di consolidamento azionario di una a quattro delle sue azioni ordinarie emesse e in circolazione, soggetta all'approvazione da parte della Canadian Securities Exchange.
Il consolidamento ridurrà le azioni in circolazione da 17.609.841 a circa 4.402.460. L'azienda otterrà un nuovo CUSIP e ISIN, ma il nome e il simbolo azionario non cambieranno. Le opzioni su azioni in circolazione verranno adeguate proporzionalmente. Non verranno emesse azioni frazionarie post-consolidamento: le frazioni inferiori a 1/2 saranno annullate e frazioni di almeno 1/2 verranno arrotondate per eccesso.
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) anunció una propuesta de consolidación de acciones de una por cuatro de sus acciones ordinarias emitidas y en circulación, sujeta a la aprobación de la Canadian Securities Exchange.
La consolidación reducirá las acciones en circulación de 17,609,841 a aproximadamente 4,402,460. La empresa obtendrá un nuevo CUSIP y ISIN, pero el nombre y el símbolo bursátil no cambiarán. Las opciones sobre acciones en circulación se ajustarán proporcionalmente. No se emitirán acciones fraccionarias tras la consolidación: las fracciones inferiores a 1/2 serán canceladas y las fracciones de al menos 1/2 serán redondeadas hacia arriba.
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) 은 Canadian Securities Exchange의 승인을 조건으로 발행 및 유통 중인 보통 주식의 1대 4 주식 병합을 제안했다고 발표했다.
병합으로 발행 주식 수는 17,609,841주에서 약 4,402,460주로 감소한다. 회사는 새로운 CUSIP 및 ISIN을 취득하지만 이름과 주식 기호는 변경되지 않을 것이다. 발행 가능한 스톡옵션은 비례적으로 조정된다. 분수의 주식은 발행되지 않는다: 1/2 미만의 분수는 취소되고 1/2 이상의 분수는 올림 처리된다.
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) a annoncé une proposition de consolidation d'actions en une pour quatre sur ses actions ordinaires émises et en circulation, sous réserve de l'approbation de la Canadian Securities Exchange.
La consolidation réduira le nombre d'actions en circulation de 17 609 841 à environ 4 402 460. L'entreprise obtiendra un nouveau CUSIP et ISIN, mais le nom et le symbole boursier ne changeront pas. Les options sur actions en circulation seront ajustées proportionnellement. Aucune action post-consolidation fractionnaire ne sera émise: les fractions inférieures à 1/2 seront annulées et les fractions d'au moins 1/2 seront arrondies à la hausse.
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) kündigte eine vorgeschlagene Vier-zu-Eins-Aktienkonsolidierung seiner ausgegebenen und umlaufenden Stammaktien an, vorbehaltlich der Genehmigung durch die Canadian Securities Exchange.
Die Konsolidierung reduziert die umlaufenden Aktien von 17,609,841 auf ca. 4,402,460. Das Unternehmen wird eine neue CUSIP und ISIN erhalten, aber der Name und das Börsensymbol werden sich nicht ändern. Ausstehende Aktienoptionen werden anteilig angepasst. Es werden nach der Konsolidierung keine Bruchteile von Aktien ausgegeben: Bruchteile unter 1/2 werden gestrichen und Bruchteile von mindestens 1/2 werden aufgerundet.
Graycliff Exploration (OTC: GRYCF; CSE: GRAY) أعلنت عن اقتراح توحيد الأسهم بمقدار واحد مقابل أربعة من أسهمها العادية المصدرة والقابلة للتداول، شريطة موافقة Canadian Securities Exchange.
سيؤدي التوحيد إلى تقليل الأسهم القائمة من 17,609,841 إلى حوالي 4,402,460. ستحصل الشركة على CUSIP وISIN جديدين، لكن الاسم ورمز السهم لن يتغيرا. ستتم تعديل خيارات الأسهم القائمة بشكل نسبي. لن تصدر أسهم كسور بعد التوحيد: الكسور الأقل من 1/2 سيتم إلغاؤها والكسور التي لا تقل عن 1/2 سيتم تقريتها إلى الأعلى.
- Share count reduced from 17,609,841 to ~4,402,460
- New CUSIP and ISIN will be issued preserving market identification
- Options adjusted proportionately to maintain option economics
- Consolidation is subject to CSE approval
- Fractional holdings under 1/2 of a post-consolidation share will be cancelled
Toronto, Ontario--(Newsfile Corp. - November 18, 2025) - Graycliff Exploration Limited (CSE: GRAY) (OTC Pink: GRYCF) (the "Company" or "Graycliff") 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 post-consolidation Common Share for every four pre-consolidation Common Shares (the Consolidation). The resolution was approved by all directors of the Company.
In relation to the Consolidation, the Company will be obtaining a new CUSIP and ISIN. 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 17,609,841 to approximately 4,402,460. The exercise 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. Any fractional share that is less than ½ of one post-consolidation Common Share will be cancelled and any fractional share that is at least ½ of one post-consolidation Common Share will be rounded up to one whole post-consolidation Common Share.
More information will be available in the near future.
About Graycliff Exploration Limited
Graycliff Exploration is a mineral exploration company focused on its 1,468 hectares of prospective ground, located roughly 80 kilometres west of Sudbury on the prolific Canadian Shield. The Company's Shakespeare Project consists of one crown patented lease, two crown leases and 40 claims on a property associated with the historic Shakespeare Gold Mine. Graycliff to date has drilled over 12,500 metres at Shakespeare, with visible gold identified in multiple holes.
Learn more on the website: https://graycliffexploration.com/.
On Behalf of the Board of Directors,
James Macintosh
President and CEO
For more information, please contact the Company at:
jm@graycliffexploration.com
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274930
FAQ
What consolidation ratio did Graycliff Exploration (GRYCF) announce on November 18, 2025?
How many Graycliff (GRYCF) shares will be outstanding after the consolidation?
Will Graycliff (GRYCF) change its stock symbol or company name after the consolidation?
How will Graycliff (GRYCF) handle fractional shares after the consolidation?
Will Graycliff (GRYCF) issue a new CUSIP or ISIN for the consolidated shares?
Are Graycliff (GRYCF) stock options affected by the consolidation?
Is the Graycliff (GRYCF) consolidation final as of November 18, 2025?
