Western Metallica Resources Corp. Announces Consolidation and Shares-for-Debt Transaction
Western Metallica Resources completed a 3:1 share consolidation effective July 10, 2026, reducing its issued and outstanding shares to approximately 2.81 million prior to the debt settlement. The company also finalized a shares-for-debt transaction with CEO Greg Duras, issuing 2.47 million post-consolidated shares to settle $370,000 of outstanding indebtedness. Following these transactions, the company has 5.28 million common shares issued and outstanding, with Mr.
Key figures
- Debt settled amount
- 370000
- Reverse split ratio
- 3 pre-consolidation for 1 post-consolidation
- Deemed price per share
- $0.15
- Shares issued for debt
- 2466667
- Shares outstanding pre debt
- 2812060
- Shares outstanding post transaction
- 5278727
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