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ADAMERA MINERALS CORP To Carry Out 1-for-10 Reverse Stock Split On June 13th, 2024

Moomoo News ·  Jun 12, 2024 07:40

June 11th (Eastern Time) - $ADAMERA MINERALS CORP (DDNFF.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from June 13th, 2024.

$ADAMERA MINERALS CORP (DDNFF.US)$ slipped 10.1% and closed at $0.0089 on June 10th with a turnover of $4,441.1. $ADAMERA MINERALS CORP (DDNFF.US)$ now has a total market capitalization of $2.12 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

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