Bam Bam Resources Corp has confirmed that effective at the open on Tuesday, May 31, 2022, its shares will commence trading on the Canadian Securities Exchange on a consolidated basis under the name Majuba Hill Copper Corp (CSE:JUBA) and stock symbol JUBA.
It said the effective date for the consolidation of one post-consolidation share for every ten pre-consolidation shares and concurrent name and symbol change, as announced on April 26, 2022.
READ: Bam Bam Resources kicks off more soil sampling at two Majuba Hill project target zones
The company is engaged in the identification, review and acquisition of latter-stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fueled by the Green New Deal in the US and most other developed nations with similar programs aimed at addressing climate change.
Such programs are heavily reliant on silver, gold and especially copper to produce Electric Vehicles and other renewable power sources, as well as building infrastructure to provide clean and affordable electricity.
The company's flagship project is the Majuba Hill copper, silver and gold District located 156 miles outside Reno, Nevada, USA. Its management has been mandated to focus on safe, mining-friendly jurisdictions where government regulations are supportive of mining operations.
Contact the author at jon.hopkins@proactiveinvestors.com