Kootenay Silver Inc. (TSX-V:KTN) told investors it expects the consolidation of its outstanding common shares, based on one post-consolidation share for every ten pre-consolidation shares, to be made effective for trading purposes at the market open on November 14, 2023.
The company noted that the consolidation is being conducted on a "push-out" basis, except concerning registered shareholders with certificated common shares. Shareholders without physical share certificates do not need to take any action with respect to the consolidation, it added.