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Free Battery Metal Limited ( (TSE:FREE) ) just unveiled an update.
Free Battery Metal Limited has commenced trading its common shares on a 20:1 post-consolidated basis on the Canadian Securities Exchange. This consolidation reduces the total number of common shares from over 70 million to approximately 3.5 million, with adjustments made to the exercise and conversion prices of outstanding convertible securities. This move is part of the company’s strategy to streamline its share structure, potentially enhancing its market positioning and appeal to investors.
More about Free Battery Metal Limited
Free Battery Metal Limited is a publicly traded company focused on exploring for lithium, with a commitment to responsible mining practices. The company 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 for supporting the global transition to green technologies, including electric vehicles.
YTD Price Performance: -50.0%
Average Trading Volume: 217,730
Technical Sentiment Signal: Strong Buy
For an in-depth examination of FREE stock, go to TipRanks’ Stock Analysis page.