04:05:43 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Scottie Resources Corp
Symbol SCOT
Shares Issued 299,819,618
Close 2024-11-28 C$ 0.165
Market Cap C$ 49,470,237
Recent Sedar Documents

Scottie to roll back shares one for six Dec. 3

2024-11-29 02:40 ET - News Release

Mr. Brad Rourke reports

SCOTTIE RESOURCES ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION

Scottie Resources Corp.'s previously announced consolidation of the company's issued and outstanding common shares at a ratio of six preconsolidation shares to one postconsolidation share will become effective at the market opening on Dec. 3, 2024.

Immediately prior to the consolidation, the company had 299,819,618 common shares issued and outstanding. Upon completion of the consolidation, the company will have approximately 49.97 million common shares issued and outstanding. Fractional shares of 0.5 or greater will be rounded up to the nearest whole number of common shares, and fractional shares of less than 0.5 will be rounded down to the nearest whole number of shares. Some slight variance is expected due to fractional rounding. As is customary, to reflect the consolidation, all outstanding warrants and incentive stock options will be adjusted to increase their exercise price by a factor of six and to reduce the number of common shares issued upon exercise by dividing by six.

About Scottie Resources Corp.

Scottie owns a 100-per-cent interest in the Scottie gold mine property, which includes the Blueberry Contact zone and the high-grade, past-producing Scottie gold mine. Scottie also owns a 100-per-cent interest in the Georgia project, which contains the high-grade past-producing Georgia River mine, as well as the Cambria project properties and the Sulu and Tide North properties. Altogether, Scottie holds approximately 58,500 hectares of mineral claims in the Stewart mining camp in the Golden Triangle.

The company's focus is on expanding the known mineralization around the past-producing mines while advancing near-mine high-grade gold targets, with the purpose of delivering a potential resource.

All of the company's properties are located in the area known as the Golden Triangle of British Columbia, which is among the world's most prolific mineralized districts.

We seek Safe Harbor.

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