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Mawson Gold Ltd To Carry Out 5000-for-15847 Reverse Stock Split On January 15th, 2025

Moomoo News ·  Jan 8 00:35

January 7th (Eastern Time) - $Mawson Gold Ltd (MAW.CA)$ is about to implement a 5000-for-15847 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 15th, 2025.

$Mawson Gold Ltd (MAW.CA)$ rose 0.98% and closed at CAD$1.03 on January 6th with a turnover of CAD$174.52K.


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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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