Power Metal Resources PLC (AIM:POW) has called a general meeting to vote on the consolidation of its shares on a 20 into one basis.
The consolidation would assist in reducing the volatility in the company's share price, Power Metal said, and enable a more consistent valuation.
Record date for the change is 26 March, subject to shareholder approval with the admission and dealings in the new shares to begin on 27 March.