Bolt Metals
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Vancouver, B.C. – November 4, 2024 – Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT) (FRANKFURT: A3D8AK) (OTCQB: PCRCF) is pleased to announce that the Company’s common shares will be split on the basis of two (2) new shares for each one (1) old share (the “Forward Split”). When a definitive schedule is available, the Company will provide a further update on the exact timing of the Forward Split, including the record date and commencement of trading on a post-split basis. It is intended that the Forward Split will be conducted on a push-out basis.
After giving effect to the Forward Split, the Company anticipates it will have approximately 29,807,412 common shares outstanding. Outstanding stock options and share purchase warrants will also be adjusted by the Forward Split ratio and the respective exercise prices of outstanding stock options and share purchase warrants will be adjusted accordingly.
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https://boltmetals.com/bolt-metals-to-forward-split-common-shares/
Vancouver, B.C. – November 7, 2024 – Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT) (FRANKFURT: A3D8AK) (OTCQB: PCRCF) is pleased to provide an update on the Company’s proposed stock split announced on November 4, 2024, whereby the Company’s common shares will be split on the basis of two (2) new shares for each one (1) old share (the “Subdivison“). Each shareholder of record of the Company as of the close of business on the record date, November 13, 2024 (the “Record Date”), will receive one additional share for each share held on such date.
The Company currently has 15,690,706 issued and outstanding common shares. Upon completion of the Subdivision, there will be approximately 31,381,412 shares issued and outstanding. The Canadian Securities Exchange (the “CSE”) will publish a bulletin confirming the Subdivision for the Company in due course. The Company’s common shares will begin trading on a post-Subdivision basis on Thursday, November 14, 2024.
Shareholders do not need to take any action with respect to the Subdivision. As per CSE policy, the Subdivision is being conducted on a “push-out” basis and therefore the Company’s CUSIP number will remain the same. The Company’s transfer agent, Odyssey Trust Company, will send holders of common shares as of the Record Date a DRS advice letter in lieu of a share certificate, which will represent the additional shares resulting from the Subdivision.
https://boltmetals.com/...s-provides-update-on-subdivision-of-shares/