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S2 Minerals Stock Price, News & Analysis

SMNRF OTC

Welcome to our dedicated page for S2 Minerals news (Ticker: SMNRF), a resource for investors and traders seeking the latest updates and insights on S2 Minerals stock.

S2 Minerals Inc. (SMNRF) is a Canadian mineral exploration company focused on advancing its Sandy Lake project in Ontario's greenstone belt. This page serves as the definitive source for all official news, press releases, and corporate updates related to SMNRF's exploration activities and strategic developments.

Investors and industry observers will find timely information about mineral claim acquisitions, joint venture partnerships, geological findings, and capital structure updates. The curated collection includes earnings announcements, project progress reports, and regulatory filings, providing stakeholders with essential insights for informed decision-making.

Content is organized to highlight critical developments including resource estimation updates, exploration technique innovations, and corporate actions like recent share consolidations. Regular updates ensure users maintain current awareness of SMNRF's position in the competitive mineral exploration sector.

Bookmark this page for direct access to primary source materials from S2 Minerals. Check back frequently for the latest verified information about Ontario mineral rights developments and the company's ongoing efforts to evaluate subsurface resource potential through systematic exploration programs.

Rhea-AI Summary

FNX announced that effective December 5, 2025 the company changed its name from S2 Minerals to FNX and amended its articles to re-designate all previously outstanding common shares as subordinate voting shares and to create a new class of multiple voting shares.

The subordinate voting shares have begun trading on the Canadian Securities Exchange under the symbol FNX. The new CUSIP is 343921102 and the new ISIN is CA3439211028. No action is required by existing securityholders with respect to the name change or the articles amendments.

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Rhea-AI Summary

S2 Minerals (SMNRF) announced shareholder approval to change its name to FNX Inc. and to amend its articles to re-designate existing common shares as subordinate voting shares and create a new class called multiple voting shares.

The Name Change and Articles Amendments are expected to be effective on December 5, 2025. Subordinate voting shares are expected to begin trading at market open on December 5, 2025 under the symbol FNX. New CUSIP: 343921102; ISIN: CA3439211028. No action is required by existing securityholders.

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S2 Minerals (CSE: STWO) has announced a non-brokered private placement offering of up to 4,966,666 units at $0.12 per unit, aiming to raise gross proceeds of up to $596,000. Each unit includes one common share and one warrant, with warrants exercisable at $0.20 per share for three years. The proceeds will support working capital and general corporate purposes, with closing expected around June 11, 2025. Notably, insiders may subscribe for up to 79% (3,916,666 units) of the offering. The securities will have a four-month hold period, and the company is exempt from formal valuation and minority shareholder approval requirements as the insider participation does not exceed 25% of market capitalization.
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S2 Minerals has completed its previously announced share consolidation, implementing a 2:1 ratio where one post-consolidation common share replaces every two pre-consolidation common shares. Following this consolidation, the company's total issued and outstanding common shares have been reduced from 37,937,649 to approximately 18,968,824 shares, subject to rounding adjustments.

The company's shares will continue trading on the Canadian Securities Exchange under the symbol 'STWO' with a new CUSIP number (78485F205). A letter of transmittal regarding the consolidation has been distributed to registered shareholders and is available on SEDAR+.

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S2 Minerals announces a share consolidation effective December 5, 2024, where shareholders will receive one post-consolidation common share for every two pre-consolidation shares. The consolidation will reduce outstanding shares from 37,937,649 to approximately 18,968,824. Shareholders' percentage ownership and voting power will remain unchanged, except for minor adjustments due to fractional shares treatment. No fractional shares will be issued, and numbers will be rounded down. The stock will continue trading on CSE under symbol 'STWO' with new CUSIP number 78485F205.

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FAQ

What is the market cap of S2 Minerals (SMNRF)?

The market cap of S2 Minerals (SMNRF) is approximately 3.3M.
S2 Minerals

OTC:SMNRF

SMNRF Rankings

SMNRF Stock Data

3.31M
5.63M
68.1%
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