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Elcora Advanced Materials Corp. Announces Share Consolidation
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Elcora Advanced Materials Corp. Announces Share Consolidation

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Invest with Confidence:

An announcement from Elcora Advanced Materials ( (TSE:ERA) ) is now available.

Elcora Advanced Materials Corp. has received approval from the TSX Venture Exchange to consolidate its issued and outstanding common shares at a ratio of one post-consolidation share for every ten pre-consolidation shares. This move reduces the number of outstanding shares from 170,377,013 to approximately 17,037,701, which may streamline the company’s share structure and potentially enhance its market appeal. The consolidation is scheduled to take effect on or about February 7, 2025.

More about Elcora Advanced Materials

Elcora Advanced Materials Corp., founded in 2011, operates in the battery materials industry. The company is structured to be a vertically integrated entity that processes, refines, and produces battery-related minerals and metals, with a focus on developing cost-effective purification processes for high-quality battery metals.

YTD Price Performance: 0.0%

Average Trading Volume: 51,053

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.41M

For an in-depth examination of ERA stock, go to TipRanks’ Stock Analysis page.

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