.jpg)
1 hour ago
2
Article content
CALGARY, Alberta, Aug. 07, 2026 (GLOBE NEWSWIRE) — Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company“) announces that its board of directors has approved the consolidation (the “Consolidation“) of the Company’s issued and outstanding common shares (“Common Shares“) on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
The Consolidation will become effective at the opening of trading on August 12, 2026. Commencing on that date, the Common Shares will trade on the Canadian Securities Exchange (the “CSE”) on a post-Consolidation basis under the existing trading symbol “GURN”.
Article content
Article content
Article content
The Company currently has 59,158,004 Common Shares issued and outstanding. Upon completion of the Consolidation, the Company will have approximately 5,915,800 Common Shares issued and outstanding, subject to adjustments for the treatment of fractional Common Shares. The new CUSIP number for the Common Shares is 37962L200 and the new ISIN is CA37962L2003.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
No fractional Common Shares will be issued as a result of the Consolidation. Any fractional interest resulting from the Consolidation will be rounded down to the nearest whole Common Share if less than one-half (1/2) of a Common Share and rounded up to the nearest whole Common Share if equal to or greater than one-half (1/2) of a Common Share. No cash consideration will be paid in respect of fractional Common Shares. The Company’s name and trading symbols will remain unchanged.
Article content
The Consolidation is intended to provide the Company with greater flexibility to pursue future financing opportunities and other strategic initiatives while maintaining an appropriate capital structure.
Article content
Registered shareholders holding physical share certificates will receive a letter of transmittal from the Company’s transfer agent containing instructions on how to exchange their pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders who hold their Common Shares through a broker or other intermediary will have their holdings adjusted automatically and are not required to take any action.
Article content
Article content
ABOUT GLOBAL URANIUM CORP.
Article content
Global Uranium Corp. is focused on the exploration and development of uranium assets primarily in North America. The Company’s portfolio includes the Astro Project in the eastern Athabasca Basin of Saskatchewan, the Airline Project in Wyoming, and additional uranium exploration projects in Wyoming and Saskatchewan.
Article content
ON BEHALF OF THE BOARD OF DIRECTORS
Article content
Ungad Chadda
Chief Executive Officer
Article content
Article content
Forward-Looking Statements
Article content
Certain statements contained in this news release constitute forward-looking information within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding the effective date of the Consolidation and the anticipated benefits of the Consolidation. Forward-looking information is based on assumptions believed by management to be reasonable at the time such statements are made but is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.
Article content
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
Article content
Article content
Article content
Article content
Article content
Article content
English (US)