Aventis Energy (VBAMF) announced Tuesday that the company will proceed with the consolidation of its issued and outstanding common shares based on one new share for every ten old shares.
The consolidation will become effective on the Canadian Securities Exchange at the opening of the market on October 1, 2026.
Currently, a total of 94,248,477 shares are issued and outstanding. Accordingly, upon the consolidation becoming effective, a total of 9,424,844 shares will be issued and outstanding, the company highlighted.
Source: press release
