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TGX Energy & Resources Inc. Announces Share Consolidation to Enhance Investor Appeal

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TGX Energy & Resources Inc. Announces Share Consolidation to Enhance Investor Appeal

An update from True North Gems ( (TSE:TGX) ) is now available.

TGX Energy & Resources Inc., a company listed on the TSX Venture Exchange, has announced a consolidation of its common shares at a ratio of 1:3, reducing the total number of shares from 33,577,353 to approximately 11,192,451. This move aims to increase the share price and attract a broader range of investors, with the consolidation set to take effect on March 21, 2025, pending final approval from the TSX Venture Exchange.

More about True North Gems

YTD Price Performance: 50.0%

Average Trading Volume: 5,097

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.01M

Learn more about TGX stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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