Evergold Unveils Plan for Share Consolidation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 06 2025
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Source: Globenewswire
Share Consolidation Announcement: Evergold Corp. plans to consolidate its shares at a ratio of 10 pre-consolidation shares for 1 post-consolidation share, effective October 17, 2025, subject to regulatory approvals.
Impact on Shareholders: Following the consolidation, the number of outstanding shares will decrease from approximately 120 million to about 12 million, with no fractional shares issued, and adjustments will be made to outstanding options and warrants.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
