Western Star Resources, Inc. (TSE:WSR) has released an update.
Western Star Resources Inc. has announced a seven-for-one share consolidation, aiming to enhance the company’s flexibility in pursuing financing and acquisitions without changing its name. The consolidation will reduce the total number of shares from over 20 million to approximately 2.9 million. Concurrently, the company has canceled a previously announced $800,000 private placement.
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