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G2 Energy Announces Share Consolidation Plan

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G2 Energy Announces Share Consolidation Plan

G2 Energy (TSE:GTOO) has released an update.

G2 Energy Corp. has announced a 10-for-1 share consolidation, reducing its outstanding common shares significantly to foster business growth and facilitate financing arrangements. The consolidation, approved by the board of directors, aims to provide greater flexibility while maintaining the company’s current business identity. Trading on a consolidated basis will commence on December 16, 2024, pending regulatory approval.

For further insights into TSE:GTOO stock, check out TipRanks’ Stock Analysis page.

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