Mithril Resources Limited announces security consolidation

Mithril Resources Limited (ASX: $MTH) has announced a security consolidation, with trading in the post-consolidation securities set to commence on a deferred settlement basis from 24/4/2024. The record date for the consolidation is 26/4/2024, and the issue date is 1/5/2024.

Executive Commentary on Security Consolidation

The company is pleased to announce the upcoming security consolidation, which is a strategic step to streamline our capital structure and enhance shareholder value. This consolidation will result in a more efficient and manageable share base, aligning with our long-term corporate objectives.

Summary of Security Consolidation Announcement

Mithril Resources Limited (ASX: $MTH) has announced a security consolidation, with trading in the post-consolidation securities commencing on a deferred settlement basis from 24/4/2024. The consolidation aims to optimize the company's capital structure and create a more manageable share base. Shareholders are advised to take note of the record date on 26/4/2024 and the subsequent issue date on 1/5/2024. The company's decision to consolidate its securities reflects its commitment to long-term value creation and efficient capital management.