Sanatana Resources to Consolidate Shares on Seven-for-One Basis

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Sanatana Resources ( (TSE:STA) ) has shared an announcement.

Sanatana Resources Inc. has announced a consolidation of its common shares on a seven-for-one basis, effective January 13, 2025. The move aims to adjust the share structure, with approximately 14,648,995 shares expected to be issued and outstanding post-consolidation, affecting exercise prices and share counts under outstanding options and warrants.

More about Sanatana Resources

Sanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties in Canada. It is supported by an award-winning technical team and experienced management and board.

YTD Price Performance: 25.00%

Average Trading Volume: 145,296

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.56M

For a thorough assessment of STA stock, go to TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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