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Highlights:
Colibri Resource (TSXV:CBI) announced the effective date for its approved share consolidation.
The company is engaged in gold exploration within the materials sector.
Trading continues on the TSX Venture Exchange under the same ticker.
Colibri Resource (TSXV:CBI), active in the materials sector, is listed on the TSX Venture Exchange and is part of the TSX Venture Composite Index (JX). The company recently announced the implementation date for a share consolidation, following approvals previously communicated to the public and regulatory authorities.
Details of Share Consolidation Implementation
The share consolidation involves the adjustment of existing issued and outstanding common shares into a smaller number of consolidated shares. No fractional shares will be issued in the process, and any resulting fractions will be rounded in accordance with the company’s stated policy. This process has been set to take effect on a publicly confirmed date.
Trading Symbol and Shareholder Accounts
The company’s ticker symbol, CBI, will remain unchanged post-consolidation. Shareholders with physical share certificates are expected to exchange their existing certificates for new ones reflecting the consolidated count. Those holding shares in electronic formats will see automatic updates within their accounts through applicable clearing systems.
Corporate Filings and Regulatory Coordination
Colibri Resource has completed the required filings with regulatory bodies and market authorities. Updates on the consolidation process have been disclosed through formal communication channels, with all requirements under applicable exchange policies fulfilled. The effective date aligns with the finalized approval and public notice timeline.
Exploration Focus and Project Location
The company remains engaged in early-stage gold exploration activities, primarily focused in Mexico. Its operational framework centers around project identification, regional surveying, and geological review. Colibri Resource continues to maintain attention on its exploration assets while adhering to procedural standards and corporate governance protocols.
