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Searchlight Announces Completion of Share Consolidation

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Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) has announced a share consolidation at a ratio of 5:1, effective October 2, 2025. The consolidation will reduce the company's outstanding common shares from 146,546,134 to 29,309,227 shares.

The company states that the consolidation aims to enhance its ability to attract future financings, generate greater investor interest, and improve trading liquidity. A new CUSIP number (81222L204) will be issued, and registered shareholders will receive new share certificates.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) ha annunciato una consolidazione delle azioni in rapporto 5:1, con effetto dal 2 ottobre 2025. La consolidazione ridurrà le azioni ordinarie in circolazione da 146.546.134 a 29.309.227 azioni.

La società indica che la consolidazione ha l'obiettivo di migliorare la capacità di attrarre futuri finanziamenti, generare un maggiore interesse degli investitori e migliorare la liquidità delle negoziazioni. Verrà emesso un nuovo numero CUSIP (81222L204) e gli azionisti registrati riceveranno nuovi certificati azionari.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) ha anunciado una consolidación de acciones en una proporción de 5:1, con efecto al 2 de octubre de 2025. La consolidación reducirá las acciones comunes en circulación de 146,546,134 a 29,309,227 acciones.

La empresa afirma que la consolidación tiene como objetivo mejorar su capacidad para atraer financiamiento futuro, generar un mayor interés por parte de los inversores y mejorar la liquidez de las operaciones. Se emitirá un nuevo número CUSIP (81222L204) y los accionistas registrados recibirán nuevos certificados de acciones.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF)는 주식 병합을 5:1의 비율로 발표했으며, 발효일은 2025년 10월 2일입니다. 병합으로 발행 주식 수는 146,546,134주에서 29,309,227주로 감소합니다.

회사는 이 병합의 목적이 향후 자금 조달 능력을 높이고, 투자자의 관심을 더 불러일으키며, 거래 유동성을 개선하는 데 있다고 밝힙니다. 새로운 CUSIP 번호(81222L204)가 발급되며, 등록 주주는 새로운 주권 증서를 받게 됩니다.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) a annoncé une consolidation d'actions au ratio 5:1, en vigueur à partir du 2 octobre 2025. La consolidation ramènera le nombre d'actions ordinaires en circulation de 146 546 134 à 29 309 227 actions.

L'entreprise indique que la consolidation vise à renforcer sa capacité à obtenir des financements futurs, à susciter un intérêt accru des investisseurs et à améliorer la liquidité des transactions. Un nouveau numéro CUSIP (81222L204) sera émis et les actionnaires inscrits recevront de nouveaux certificats d'actions.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) hat eine Aktienkonsolidierung im Verhältnis 5:1 angekündigt, wirksam ab dem 2. Oktober 2025. Die Konsolidierung wird die ausstehenden Stammaktien von 146.546.134 auf 29.309.227 reduzieren.

Das Unternehmen erklärt, dass die Konsolidierung darauf abzielt, seine Fähigkeit zur Beschaffung zukünftiger Finanzierungen zu verbessern, das Interesse der Investoren zu erhöhen und die Handelsliquidität zu verbessern. Es wird eine neue CUSIP-Nummer (81222L204) ausgegeben, und registrierte Aktionäre erhalten neue Aktienzertifikate.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) عن دمج للأسهم بنسبة 5:1، وسيكون ساري المفعول اعتبارًا من 2 أكتوبر 2025. سيؤدي الدمج إلى تقليل عدد الأسهم العادية القائمة من 146,546,134 إلى 29,309,227 سهمًا.

وذكرت الشركة أن الهدف من الدمج هو تعزيز قدرتها على جذب التمويل المستقبلي، وتوليد اهتمام أكبر من المستثمرين، وتحسين سيولة التداول. سيتم إصدار رقم CUSIP جديد (81222L204)، وسيحصل المساهمون المسجلون على شهادات أسهم جديدة.

Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) 宣布以5:1的股本合并,自2025年10月2日起生效。此次合并将把公司在外流通普通股从146,546,134股降至29,309,227股。

公司表示,合并旨在提升未来融资能力、吸引更多投资者关注并改善交易流动性。将发放新的CUSIP号码(81222L204),登记股东将收到新的股票证书。

Positive
  • Share consolidation could improve trading liquidity and investor interest
  • Potential enhanced ability to attract future financings
Negative
  • Shareholders will own fewer shares post-consolidation
  • No immediate tangible business benefit announced

Vancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") announces that it has consolidated its issued and outstanding common shares at a ratio of five (5) pre-consolidated common shares to one (1) post-consolidation common share (the "Consolidation"). The purpose of the Consolidation was to facilitate the Company's ability to attract future financings, generate greater investor interest and improve trading liquidity.

The effective date of the Consolidation will be October 2, 2025.

As a result of the Consolidation, the Company's 146,546,134 pre-Consolidation common shares were consolidated to 29,309,227 post-Consolidation common shares issued and outstanding.

Registered shareholders of the Company will receive new share certificates under the new CUSIP number, which is 81222L204.

On behalf of the Board of Directors,

"Stephen Wallace"

SEARCHLIGHT RESOURCES INC.
Stephen Wallace, President, CEO and Director

For further information, visit the Company's website at www.searchlightresources.com or contact:

Searchlight Resources Inc.
Alf Stewart, Chairman
(604) 331-9326
info@searchlightresources.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268131

FAQ

What is the ratio of Searchlight Resources' (SCLTF) share consolidation announced for October 2025?

Searchlight Resources announced a 5:1 share consolidation ratio, meaning every 5 pre-consolidated shares will be converted into 1 post-consolidation share.

How many shares will Searchlight Resources (SCLTF) have outstanding after the October 2025 consolidation?

After the consolidation, Searchlight Resources will have 29,309,227 shares outstanding, reduced from 146,546,134 pre-consolidation shares.

When will Searchlight Resources' (SCLTF) share consolidation take effect?

The share consolidation will take effect on October 2, 2025.

Why is Searchlight Resources (SCLTF) conducting a share consolidation?

Searchlight Resources is conducting the share consolidation to facilitate future financings, generate greater investor interest, and improve trading liquidity.

What is the new CUSIP number for Searchlight Resources (SCLTF) after the consolidation?

The new CUSIP number after the consolidation will be 81222L204.
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