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Copper Lake Resources to consolidate shares 20-for-1 effective May 8, 2026, pending TSX approval

Company Fundamentals
06 May 2026
Newsfile Corp
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Neutral
Copper Lake Resources to consolidate shares 20-for-1 effective May 8, 2026, pending TSX approval

Copper Lake Resources Ltd. announced a 20-for-1 consolidation of its common shares effective May 8, 2026, reducing the total shares from about 271 million to approximately 13.5 million. This move, approved by shareholders in June 2025 and pending TSX Venture Exchange approval, also adjusts outstanding options and warrants proportionally. Shareholders with physical certificates will need to exchange them for new ones after consolidation. The company's name and stock symbol remain unchanged, aiming to streamline its capital structure as it advances its mineral projects in Ontario.

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