Tymbal Resources Ltd. (TSE:TYMB) has released an update.
Tymbal Resources Ltd. has announced a significant restructuring move with a share consolidation at a 1-for-3 ratio and a rebranding to New Tymbal Resources Ltd., set to take effect on April 30, 2024. This strategic decision is intended to enhance the company’s appeal to investors and improve its competitiveness in the stock market. Post-consolidation, Tymbal’s total shares will decrease from over 53 million to nearly 18 million, with a new CUSIP and ISIN number assigned.
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