Beowulf Mining (GB:BEM) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Beowulf Mining Plc announced the successful passage of all resolutions at its Annual General Meeting, including the special resolution for a share consolidation. Following the shareholder approval, Beowulf Mining will consolidate every 50 existing shares into one new share, which will start trading on AIM on June 17, 2024. This consolidation aims to streamline the company’s share structure and will result in a total of 38,844,790 new ordinary shares with voting rights.
For further insights into GB:BEM stock, check out TipRanks’ Stock Analysis page.