India, March 19 -- IsoEnergy Ltd. (ISENF) has approved a share consolidation on a 1-for-4 basis, reducing its outstanding common shares from 192,310,581 to approximately 48,077,577, subject to rounding.
This move aligns with the company's application to list on the NYSE American, with trading expected to commence in early Q2 2025, pending regulatory approvals.
The consolidation, approved by shareholders on December 3, 2024, is set to take effect on March 20, 2025, with post-consolidation shares trading on the TSX under the symbol "ISO" starting March 24, 2025. Fractional shares will not be issued; instead, they will be canceled without compensation. Adjustments will also be made to outstanding convertible securities to reflect the new sha...