Mr. Alex Klenman reports
MANNING VENTURES ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
Further to Manning Ventures Inc.'s news release dated Feb. 10, 2026, and effective Feb. 17, 2026, the company will consolidate the common shares in the capital of the company on the basis of one postconsolidation common share for every 10 preconsolidation common shares. The company's name and stock symbol will remain unchanged following the consolidation. The new Cusip number will be 56389K306 and the new ISIN (international securities identification number) will be CA56389K3064 for postconsolidation shares.
The company currently has
57,149,963
common shares issued and outstanding, and, following the consolidation, the company will have approximately 5,714,996 common shares issued and outstanding, prior to rounding for fractional shares.
No fractional shares will be issued as a result of the consolidation. Any fractional shares resulting from the consolidation will be rounded up or down to the nearest whole share. Any of the company's outstanding incentive stock options, warrants and any other convertible securities will be adjusted on the same basis (1:10) to reflect the consolidation in accordance with their respective terms, with proportionate adjustments to be made to the exercise prices.
The company's postconsolidation shares are expected to begin trading on the Canadian Securities Exchange on or about Feb. 17, 2026.
Shareholders who hold their common shares through a securities broker or other intermediary and do not have common shares registered in their name will not be required to take any measures with respect to the consolidation.
Letters of transmittal with respect to the consolidation will be mailed to all registered shareholders of the company. All registered shareholders will be required to send their respective certificates representing the preconsolidation shares, along with a properly executed letter of transmittal, to the company's transfer agent, Computershare Investor Services Inc., in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through the transfer agent at 1-800-564-6253 or by e-mail to
corporateactions@computershare.com. All shareholders who submit a duly completed letter of transmittal, along with their respective preconsolidation share certificate(s), to the transfer agent will receive a postconsolidation share certificate or direct registration advice representing the postconsolidation shares.
We seek Safe Harbor.
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