Key Details of Medaro Mining's Proposed Share Consolidation

Wednesday, 3 April 2024, 14:38

Medaro Mining has announced a significant step towards financial restructuring by proposing a share consolidation on a ten-to-one basis. This move will see the company's outstanding shares decrease from 94.51M to approximately 9.45M, impacting current and potential investors alike. The consolidation aims to streamline Medaro Mining's capital structure and potentially enhance shareholder value.
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Key Details of Medaro Mining's Proposed Share Consolidation

Key Details:

Medaro Mining has made a strategic decision to consolidate its common shares on a ten-to-one basis.

Impact on Outstanding Shares:

The proposed consolidation will reduce the number of outstanding shares from 94.51 million to about 9.45 million.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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