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    Home»Mining & Resources»Quantum Battery Metals Issues Share Consolidation at Ratio of 8 to 1
    Mining & Resources

    Quantum Battery Metals Issues Share Consolidation at Ratio of 8 to 1

    Alexander LeeBy Alexander LeeSeptember 20, 2024Updated:September 20, 2024No Comments2 Mins Read
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    On September 19, 2024, Quantum Battery Metals Corp., a company based in Vancouver, British Columbia, announced a proposed share consolidation. The consolidation will involve exchanging eight pre-consolidated shares for one post-consolidated share. Currently, the company has 52,228,443 outstanding shares, which will be reduced to approximately 6,528,555 shares after the consolidation.

    The shares will begin trading on a consolidated basis with a new Cusip number on September 23, 2024, while the company name and symbol will remain unchanged.

    Quantum Battery Metals Corp. cautions that certain statements in this release may be considered forward-looking statements. These statements are not guarantees of future performance, and actual results may differ from those expressed in the forward-looking statements. Factors that could affect actual results include market prices, exploration successes, availability of capital, and general economic conditions. The company’s management believes the expectations in such statements are reasonable but does not guarantee future performance.

    Investors are advised to exercise caution and note that forward-looking statements are based on management’s beliefs and opinions at the time of the statement. The company does not have an obligation to update these statements if circumstances or opinions change.

    For the full press release, please visit the source version at the Quantum Battery Metals Corp. website.

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    Alexander Lee
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    Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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