Hertz Energy (CSE:HZ, OTCQB:HZLIF) announced that it will consolidate its common shares on a four-for-one basis,
The move, effective December 12, 2024, will reduce the total number of outstanding shares to approximately 16.5 million, down from the current amount, with adjustments made for fractional shares.
Following the consolidation, Hertz Energy (CSE:HZ, OTCQB:HZLIF)’s name and trading symbols will remain unchanged.
The British Columbia-based junior exploration company focuses on acquiring and exploring mineral properties, including the Cominco Uranium Property in Nunavut and several lithium projects. Recently rebranded to align with its commitment to critical minerals, the company supports the global green energy transition.
Hertz Energy (CSE:HZ, OTCQB:HZLIF) is listed on the Canadian Securities Exchange, the OTCQB in the United States, and the Frankfurt Stock Exchange.