Subject: Ord Mountain Resources Corp. (TSXV: OMR) - News Release for Immediate Dissemination [BLC-ACTIVE.FID1852931]
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File: '\\swfile\EmailIn\20260407 140406 Attachment OMR - News Release Announcing Consolidation.docx'
AC/14446010.1
Ord Mountain Resources Corp. Announces Share Consolidation
Vancouver, B.C. - April 7, 2026 - Ord Mountain Resources Corp. ("OMR" or the "Company") (TSXV/NEX: OMR.H) announces its intention to consolidate its issued and outstanding common shares (each, a "Share") on the basis of one (1) post-consolidation Share for every four (4) pre-consolidation Shares (the "Consolidation").
The Company currently has 4,702,000 Shares issued and outstanding. Upon completion of the Consolidation, it is expected that approximately 1,175,500 Shares will be issued and outstanding, subject to adjustments for rounding. The Company has no maximum number of authorized Shares.
In connection with the Consolidation, the exercise or conversion price, as applicable, and the number of Shares issuable under the Company's outstanding stock options and common share purchase warrants will be adjusted proportionately in accordance with their respective terms. No fractional Shares will be issued as a result of the Consolidation, and no cash will be paid in lieu of fractional Shares. The Consolidation will not affect any shareholder's proportionate ownership interest in the Company.
The Consolidation has been approved by the Company's board of directors and remains subject to approval from the NEX board of the TSX Venture Exchange (the "TSXV"). Upon completion of the Consolidation, the Company's name and trading symbol will remain unchanged; however, new CUSIP and ISIN numbers will be assigned.
The Company will issue a subsequent news release confirming the effective date of the Consolidation.
About OMR
OMR is a capital pool company in accordance with Exchange Policy 2.4 trading on the NEX Board of the TSX Venture Exchange and its principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.
For additional information, please refer to the Company's disclosure record on SEDAR+ (www.sedarplus.ca) or contact the Company as follows: Luke Montaine, CEO, at Tel: (604) 760-8755 or email: lmontaine@icloud.com.
Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to OMR and the Qualifying Transaction, are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the companies' current views and intentions with respect to future events, and current information available to them, and are subject to certain risks, uncertainties and assumptions. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the companies do not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the companies undertake no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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