Belgravia Announces Proposed Share Consolidation
Belgravia Hartford Capital intends to consolidate its common shares on a 1-for-10 basis, reducing outstanding shares from 137,720,837 to approximately 13,772,083, subject to CSE approval. Management says the consolidation will enhance marketability and better position the company to raise funds, with warrants proportionally adjusted and no fractional shares issued.
Key figures
- Reverse split ratio
- 1:10
- Shares outstanding pre
- 137720837
- Shares outstanding post approx
- 13772083
AI analysis
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