Welcome to our dedicated page for FNX news (Ticker: SMNRF), a resource for investors and traders seeking the latest updates and insights on FNX stock.
The news page for S2 Minerals Inc. (SMNRF) provides an archive of company announcements and developments from the period when the company operated under the S2 Minerals Inc. name and its Canadian listing traded as STWO. These news items document the evolution of the company as a Canadian mineral exploration issuer focused on Northwest Ontario, particularly the Sandy Lake project in the Sandy Lake Archean Greenstone Belt.
Company news releases describe S2 Minerals Inc. as a mineral exploration company with a large land position at Sandy Lake, including beneficial ownership of mineral rights over a substantial acreage and joint venture interests with Goldeye Explorations Limited, part of NexGold Mining Corp. The news flow highlights how the company communicated its exploration focus and land interests to the market.
Investors reviewing SMNRF-related news will find coverage of key corporate actions. These include announcements about a share consolidation on a one-for-two basis, which reduced the number of issued and outstanding common shares while maintaining proportional ownership, subject to rounding. The archive also includes details of a non-brokered private placement financing of units composed of common shares and common share purchase warrants, with proceeds earmarked for working capital and general corporate purposes.
Another significant theme in the news record is the company’s transition from S2 Minerals Inc. to FNX Inc. Releases outline shareholder approval of the name change, amendments to the share structure, and the subsequent completion of these changes. They also report that the company’s shares began trading on the Canadian Securities Exchange under the symbol FNX, with existing common shares re-designated as subordinate voting shares and a new class of multiple voting shares created.
By following this news archive, users can trace how S2 Minerals Inc. managed its capital structure, financing, and corporate identity as it advanced its Canadian mineral exploration strategy and ultimately adopted the FNX Inc. name.
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.
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.
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+.
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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