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Mithril Resources (ASX: $MTH) announces security consolidation

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.

MITHRIL RESOURCES LIMITED
MTH | ASX | Materials
0.18-0.005(-2.7%)
At close 05/07 (AEDT)
Market cap
$18.5M
Volume
196,241
DY Yield
0
PE Ratio
0
52 Week Range
0.1 - 0.34
1YR Return
1,718.182%

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