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Free Battery Metal Limited ( (TSE:FREE) ) has provided an update.
Free Battery Metal Limited has announced a consolidation of its common shares, reducing the number of shares from approximately 70 million to 3.5 million, effective April 3, 2025. This move is intended to streamline the company’s share structure and potentially enhance its market position, with no change to its name or stock symbols. Shareholders will receive instructions for exchanging their shares, and the consolidation will proportionally adjust the exercise and conversion prices of outstanding convertible securities.
More about Free Battery Metal Limited
Free Battery Metal Limited is a publicly traded company focused on exploring lithium resources. The company is committed to responsible mining practices and is actively exploring the Mound Lake Property in northwestern Ontario, which consists of 243 single-cell unpatented mining claims covering approximately 4,860 hectares. Free Battery Metal Limited views lithium and other rare metals as essential commodities for advancing green technologies, including the transition to electric vehicles.
YTD Price Performance: -50.0%
Average Trading Volume: 197,301
Technical Sentiment Signal: Strong Buy
Find detailed analytics on FREE stock on TipRanks’ Stock Analysis page.