Norden Crown Streamlines Capital Structure
Company Announcements

Norden Crown Streamlines Capital Structure

Norden Crown Metals Corp (TSE:NOCR) has released an update.

Norden Crown Metals Corp has announced the successful approval of both a share consolidation and a shares for debt transaction, with the consolidation set to be effective on May 10, 2024. The company will trade under the same symbol ‘NOCR’ but with a new CUSIP number, and it has canceled its planned non-brokered private placement. Investors can expect a reduction in the final number of shares to be issued for debt settlement, with a new deemed price adjusted for the consolidation.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!