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EagleOne Metals Announces Forward Share Split to Boost Liquidity

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EagleOne Metals Announces Forward Share Split to Boost Liquidity

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EagleOne Metals Corporation ( (TSE:EAGL) ) has issued an update.

EagleOne Metals Corporation has announced a forward share split, issuing four new common shares for each existing one, to enhance the liquidity and marketability of its shares. This move, pending Canadian Securities Exchange approval, will increase the company’s outstanding shares from 9,748,000 to 38,992,000, without altering shareholders’ percentage ownership. The adjustment will also apply to stock options and share purchase warrants, potentially impacting the company’s market presence and stakeholder interests.

More about EagleOne Metals Corporation

EagleOne Metals Corporation is a Canadian-based company specializing in the exploration of precious and base metals. The company holds an option to acquire a 100% interest in the Magusi West Gold Project, located in Quebec’s Abitibi greenstone belt, a renowned gold mining region. EagleOne aims to enhance shareholder value through diligent exploration in Canada’s prolific mining areas, maintaining a commitment to stakeholders and environmental responsibility.

Average Trading Volume: 3,483

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$1.5M

For detailed information about EAGL stock, go to TipRanks’ Stock Analysis page.

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