Mr. Jonathan Wiesblatt reports
EROS RESOURCES ANNOUNCES NAME CHANGE AND SHARE CONSOLIDATION
Further to receipt of shareholder approval and the adoption of new articles of Eros Resources Corp. at the shareholders' meeting held on March 25, 2025, the board of directors of the company has approved a consolidation of the company's issued and outstanding common shares on the basis of 10 preconsolidated common shares for every one postconsolidated common share as well as a concurrent name change to Trident Resources Corp.
The company currently has 273,190,429 common shares issued and outstanding. After completion of the consolidation, the company expects to have approximately 27,319,042 common shares issued and outstanding. No fractional shares will be issued as a result of the consolidation. Instead, any fractional share interest of 0.5 or higher arising from the consolidation will be rounded up to one whole common share, and any fractional share interest of less than 0.5 will be cancelled. The stock symbol shall remain the same.
The company will issue a further news release notifying shareholders as to when the effective date of the consolidation and name change will occur. The consolidation and name change remains subject to the approval of the TSX Venture Exchange.
About Eros Resources Corp.
Eros Resources is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of mineral properties in Canada. The company is advancing its gold and copper projects in Saskatchewan, including two gold properties in the prospective La Ronge gold belt totalling 35,175.6 hectares (86,920.8 acres), as well as the 100-per-cent-owned Knife Lake copper project.
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