STOCK TITAN

Waraba Gold Limited Commences Trading on 18:1 Consolidated Basis

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Waraba Gold (WARAD) announced an 18:1 share consolidation effective October 3, 2025. Post-consolidation common shares were reduced from 168,403,338 to approximately 9,355,808. The Company's CUSIP and ISIN are 93401G203 and 93401G2036, respectively. The company name and trading symbol remain unchanged.

No fractional shares were issued; fractional entitlements were rounded up to the next whole share. Exercise/conversion prices and share amounts for outstanding convertible securities were proportionately adjusted. Endeavor Trust Corp mailed letters of transmittal to registered shareholders of record as of the effective date. Beneficial holders holding shares through intermediaries need not take action but should contact their broker or intermediary with questions. A copy of the transmittal is available on SEDAR+.

Waraba Gold (WARAD) ha annunciato una consolidazione azioni 18:1 efficace il 3 ottobre 2025. Le azioni ordinarie post-consolidamento sono state ridotte da 168,403,338 a circa 9,355,808. Il CUSIP e l'ISIN dell'azienda sono rispettivamente 93401G203 e 93401G2036, rispettivamente. Il nome dell'azienda e il simbolo di negoziazione rimangono invariati.

Nessuna azione frazionaria è stata emessa; i diritti frazionari sono stati arrotondati all'azione intera successiva. I prezzi di esercizio/conversione e le quantità di azioni per i titoli convertibili in essere sono stati proporzionalmente adeguati. Endeavor Trust Corp ha inviato lettere di trasmissione agli azionisti registrati alla data di efficacia. I detentori beneficiari che detengono azioni tramite intermediari non devono agire, ma dovrebbero contattare il proprio broker o intermediario per eventuali domande. Una copia della lettera di trasmissione è disponibile su SEDAR+.

Waraba Gold (WARAD) anunció una consolidación de acciones 18:1 que entrará en vigencia el 3 de octubre de 2025. Las acciones ordinarias post-consolidación se redujeron de 168,403,338 a aproximadamente 9,355,808. El CUSIP y el ISIN de la empresa son respectivamente 93401G203 y 93401G2036. El nombre de la empresa y el símbolo de cotización permanecen sin cambios.

No se emitieron acciones fraccionarias; los derechos fraccionales se redondearon a la siguiente acción entera. Los precios de ejercicio/conversión y las cantidades de acciones para valores convertibles pendientes se ajustaron proporcionalmente. Endeavor Trust Corp envió cartas de transmisión a los accionistas registrados a la fecha de vigencia. Los titulares beneficiarios que mantienen acciones a través de intermediarios no necesitan tomar medidas, pero deben contactar a su corredor o intermediario si tienen preguntas. Una copia de la carta de transmisión está disponible en SEDAR+.

WARABA GOLD (WARAD)18:1 주식 합병2025년 10월 3일부로 효력 발령한다고 발표했습니다. 합병 후 보통주는 168,403,338주에서 대략 9,355,808주로 감소했습니다. 회사의 CUSIP와 ISIN은 각각 93401G20393401G2036입니다. 회사명과 거래 기호는 변하지 않습니다.

소수점 주식은 발행되지 않았고, 소수권리(프랙셜 권리)는 다음 정수 주식으로 올림 처리되었습니다. 행사/전환 가격과 미상환 가용 가능한 변환 증권의 주식 수는 비례적으로 조정되었습니다. Endeavor Trust Corp은 효력일에 등록 주주들에게 송달 서한을 보냈습니다. 중개기관을 통해 주식을 보유한 수익 보유자는 조치를 취할 필요가 없지만, 질문이 있을 경우 중개인이나 중개기관에 문의해야 합니다. 송달 서한의 사본은 SEDAR+에서 이용 가능합니다.

Waraba Gold (WARAD) a annoncé une consolidation d'actions 18:1 effective le 3 octobre 2025. Les actions ordinaires post-consolidation ont été réduites de 168 403 338 à environ 9 355 808. Le CUSIP et l'ISIN de la société sont respectivement 93401G203 et 93401G2036. Le nom de la société et le symbole de négociation restent inchangés.

Aucune action fractionnaire n'a été émise; les droits fractionnels ont été arrondis à la prochaine action entière. Les prix d'exercice/de conversion et les montants d'actions pour les valeurs mobilières convertibles en circulation ont été ajustés proportionnellement. Endeavor Trust Corp a envoyé des lettres de transmission aux actionnaires inscrits à la date d'effet. Les titulaires bénéficiaires détenant des actions par l'intermédiaire d'intermédiaires n'ont pas à agir mais doivent contacter leur courtier ou intermédiaire en cas de questions. Une copie de la lettre de transmission est disponible sur SEDAR+.

Waraba Gold (WARAD) gab eine Aktienzusammenlegung 18:1 bekannt, die am 3. Oktober 2025 in Kraft tritt. Die Stammaktien nach der Konsolidierung wurden von 168.403.338 auf ca. 9.355.808 reduziert. Die CUSIP- und ISIN-Nummern des Unternehmens lauten jeweils 93401G203 und 93401G2036. Der Name des Unternehmens und das Handelssymbol bleiben unverändert.

Es wurden keine Bruchteilsaktien ausgegeben; Bruchteilsansprüche wurden auf die nächste ganze Aktie aufgerundet. Ausübungs-/Umwandlungspreise und Aktienmengen für ausstehende wandelbare Wertpapiere wurden anteilig angepasst. Endeavor Trust Corp hat registrierten Aktionären zum Stichtag Transmittal-Briefe zugesendet. Beneficial Holders, die Aktien über Zwischenhändler halten, müssen nichts veranlassen, sollten sich jedoch bei Fragen an ihren Broker oder Zwischenhändler wenden. Eine Kopie des Transmittal ist auf SEDAR+ verfügbar.

Waraba Gold (WARAD) أعلنت عن دمج أسهم بنسبة 18:1 سيتم تفعيله في 3 أكتوبر 2025. تم تخفيض الأسهم العادية بعد الدمج من 168,403,338 إلى نحو 9,355,808. أرقام CUSIP وISIN للشركة هي 93401G203 و93401G2036 على التوالي. يبقى اسم الشركة ورمز التداول دون تغيير.

لم تُصدر أي أسهم كسور؛ تم تقريب الحقوق الكسريّة إلى أقرب سهم كامل. تم تعديل أسعار التمارين/التحويل وكميات الأسهم للأوراق المالية القابلة للتحويل القائمة بشكلٍ نسبِي. أرسلت Endeavor Trust Corp رسائل إرسال إلى المساهمين المسجلين اعتباراً من تاريخ الفاعلية. لا يحتاج حاملو الحقوق المستفيدون الذين يحتفظون بالأسهم عبر الوسطاء إلى اتخاذ إجراء، لكن يجب عليهم الاتصال بوسيطهم أو الوسطاء إذا كانت لديهم أسئلة. نسخة من رسالة الإرسال متوفرة على SEDAR+.

Waraba Gold (WARAD)宣布自 2025年10月3日起生效的 18:1 股份合并。合并后普通股数量从 168,403,338 股减少至大约 9,355,808 股。公司的 CUSIP 与 ISIN 分别为 93401G20393401G2036。公司名称与交易代码保持不变。

未发行任何整股外的股票;对小数股权(权利)进行了向上进位到下一个整股。行使/转换价格及未偿的可转换证券的股数已按比例调整。 Endeavor Trust Corp 已向在生效日登记的股东寄送转让函。通过中介机构持股的受益持有人无需采取行动,但如有疑问应联系其经纪人或中介机构。转让函的副本可在 SEDAR+ 获取。

Positive
  • Outstanding shares consolidated 18:1 to ~9,355,808
  • Updated CUSIP 93401G203 and ISIN 93401G2036 issued
Negative
  • Fractional shares rounded up, causing minor additional share issuance

Toronto, Ontario--(Newsfile Corp. - October 3, 2025) - Waraba Gold Limited (CSE: WBGD) (the "Company" or "Waraba"), is pleased to announce that, further to its press release dated September 30, 2025, effective today the Company's common shares ("Common Shares") are trading on the Canadian Securities Exchange (the "CSE") on a 18:1 post-consolidated basis (the "Consolidation").

The Company's new CUSIP and ISIN numbers are 93401G203 and 93401G2036, respectively. The Company's name and stock symbols shall remain unchanged.

After giving effect to the Consolidation, the Common Shares were reduced from 168,403,338 to approximately 9,355,808 Common Shares. No fractional Common Shares were issued in connection with the Consolidation. Instead, all fractional Common Shares were rounded up to the next whole number. The exercise price and/or conversion price and number of Common Shares issuable under any of the Company's outstanding convertible securities were proportionately adjusted in connection with the Consolidation.

Endeavor Trust Corporation, the Company's registrar and transfer agent for the Common Shares, has mailed the letters of transmittal to registered shareholders of record as of October 3, 2025, providing instructions for the CSE of their Common Shares as soon as practicable following the effective date. Registered shareholders may also obtain a copy of the letter of transmittal by accessing the Company's SEDAR+ profile at www.sedarplus.ca. Until surrendered, each share certificate or direct registration system statement representing pre-consolidated Common Shares will represent the number of whole post-consolidated Common Shares to which the holder is entitled to as a result of the Consolidation. No action is required by beneficial holders to receive post-consolidation Common Shares in connection with the Consolidation. Beneficial holders who hold their Common Shares through intermediaries (e.g., a broker, bank, trust company investment dealer or other financial institution) and who have questions regarding how the Consolidation will be processed should contact their intermediaries with respect to the Consolidation.

About Waraba Gold Limited

The Company is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporting issuer in the provinces of British Columbia and Alberta. The Company's common shares trade on the Canadian Securities Exchange under the trading symbol "WBGD" and on the Frankfurt Stock Exchange under the trading symbol "ZE0".

For more information about the Company, please refer to the Company's profile available on SEDAR+ (www.sedarplus.ca).

On Behalf of the Board of Directors

Waraba Gold Limited
Carl Esprey, Chief Executive Officer and Director
Telephone: +1 312 235 2605
Email: cesprey@warabagold.com

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements under applicable Canadian ("forward-looking statements"). All information that addresses activities or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "likely" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made. In the press release, such forward-looking statements include, but are not limited to, statements relating to the Consolidation and the anticipated effects of the Consolidation.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to: the Company completing the Consolidation as intended. The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward-looking statements due to a number of factors and risks. These include: the failure of the Company to comply with applicable regulatory requirements in a highly regulated industry; unexpected changes in governmental policies and regulations in the jurisdictions in which the Company operates; the Company's ability to continue to meet the listing requirements of the CSE; the impact of increasing competition; any lack of merger and acquisition opportunities; adverse market conditions; and reliance on key personnel. Please see the other risks, uncertainties and factors set out under the heading "Risk Factors" in the Company's latest Management Discussion and Analysis and other filings filed with the Canadian securities authorities, copies of which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca. Any forward-looking statement included in this press release is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Any forward-looking statement included in this press release is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269148

FAQ

What did Waraba Gold (WARAD) announce on October 3, 2025?

Waraba announced an 18:1 consolidation of its common shares effective October 3, 2025.

How many shares does WARAD have after the 18:1 consolidation?

Post-consolidation outstanding common shares were reduced to approximately 9,355,808.

What are WARAD's new CUSIP and ISIN after the consolidation?

The new identifiers are CUSIP 93401G203 and ISIN 93401G2036.

Do WARAD beneficial shareholders need to take action after the consolidation?

No action is required by beneficial holders; contact your broker if you have processing questions.

How were fractional WARAD shares handled in the 18:1 consolidation?

No fractional shares were issued; all fractional entitlements were rounded up to the next whole share.

Were outstanding WARAD convertible securities adjusted after the consolidation?

Yes. Exercise/conversion prices and the number of common shares issuable were proportionately adjusted.

How can registered WARAD shareholders obtain the letter of transmittal?

Endeavor Trust mailed letters to registered shareholders; copies are available on SEDAR+.
WARAD

:WARAD

WARAD Rankings

WARAD Stock Data