An anonymous director reports
STORM EXPLORATION EFFECTS SHARE CONSOLIDATION
Storm Exploration Inc.'s board of directors has approved a consolidation of its share capital on the basis of four existing shares to one new common share. The company's name and stock symbol will remain unchanged following the consolidation. The company's new Cusip will be 86218J303 (ISIN: CA86218J3038).
Upon completion of the consolidation, the company's outstanding share capital will be approximately 20,666,222 shares. No fractional shares will be issued as a result of the consolidation. Any fractional shares resulting from the consolidation will be rounded up or down to the nearest whole common share. The company's outstanding incentive stock options, warrants and any convertible securities will be adjusted on the same basis (one for four) to reflect the consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices.
The company's common shares will commence trading on the TSX Venture Exchange on a consolidated basis at the opening of trading on July 22, 2025, under its current trading symbol STRM.
About Storm Exploration Inc.
Storm Exploration is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on four district-scale projects in Northwestern Ontario: Miminiska, Keezhik, Attwood and Gold Standard.
We seek Safe Harbor.
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