21:33:59 EDT Fri 22 May 2026
Enter Symbol
or Name
USA
CA



Badlands Resources Inc
Symbol BLDS
Shares Issued 11,307,265
Close 2026-05-22 C$ 0.145
Market Cap C$ 1,639,553
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Badlands Resources rollback to take effect May 27

2026-05-22 20:05 ET - News Release

Mr. R. Dale Ginn reports

BADLANDS ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Badlands Resources Inc. has received approval from the TSX Venture Exchange to consolidate the company's outstanding common shares on the basis of one new common share for every 3.5 common shares.

The consolidation will take effect at the start of trading on May 27, 2026, and the company will trade under the new Cusip No. 056600 20 8 and new ISIN CA 056600 20 8 9. As a result of the consolidation, the 11,307,265 common shares issued and outstanding prior to the consolidation will be reduced to approximately 3,230,647 common shares. Each shareholder's percentage ownership in the company and proportionate voting power will remain unchanged after the consolidation, except for minor changes and adjustments resulting from the treatment of any fractional common shares. As a result of the consolidation, if a shareholder becomes entitled to receive a fraction of a common share, such fractional share, if less than one-half, will be rounded down to zero (and cancelled), and, if equal to or greater than one-half, will be rounded up to one and added to the number of shares to be held by the shareholder.

In connection with the consolidation, the company's registrar and transfer agent, Endeavor Trust Corp., will send letters of transmittal to registered holders of the company's common shares for use in transmitting their existing share certificates to new certificates representing the number of postconsolidation common shares to which each shareholder is entitled.

No delivery of a new certificate to a shareholder will be made until the shareholder has surrendered its existing certificates. Until surrendered, each existing certificate shall be deemed for all purposes to represent the number of postconsolidation common shares to which the holder is entitled.

We seek Safe Harbor.

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