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Silicon Metals announces 1-for-5 share consolidation effective April 7, 2026.

Company Fundamentals
01 Apr 2026
Newsfile Corp
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Neutral
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Silicon Metals Corp. will consolidate its common shares on a 1-for-5 basis, reducing the total shares outstanding from about 53 million to approximately 10.6 million. This consolidation will take effect on April 7, 2026, with shares trading under the same symbol "SI". The exercise prices and share amounts for stock options and warrants will be adjusted accordingly. Shareholders will receive instructions to exchange their old share certificates for new ones, and those holding shares through intermediaries should contact them for assistance. This move aims to streamline the company's share structure without changing its name or symbol.

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