MegaWatt Lithium and Battery Metals Corp. Proposes Share Consolidation Ratio of 1:12
At the annual general meeting on February 19, 2026, MegaWatt Lithium and Battery Metals Corp. shareholders approved a proposed share consolidation. The company plans to consolidate its shares at a ratio of 1 post-consolidation share for every 12 pre-consolidation shares, reducing the total from approximately 37.25 million to 3.1 million shares. The consolidation is pending approval from the Canadian Securities Exchange (CSE) and will not affect the company's name or stock symbol.
Theia Market Signal Identification - AI Assisted
MegaWatt Lithium and Battery Metals Corp. announced a proposed share consolidation during its annual general meeting on February 19, 2026. The consolidation plan is to convert shares at a ratio of 1 post-consolidation share for every 12 pre-consolidation shares.
Currently, the company has 37,250,400 shares outstanding, which would reduce to approximately 3,104,200 shares after consolidation, pending Canadian Securities Exchange approval. The company retains a 100% interest in the Cobalt Hill Property in British Columbia and the Route 381 Lithium Property in Quebec, among other mineral claims.
Comments