Santacruz Silver announces intention to list on the NASDAQ

Published 1 week ago Positive
Santacruz Silver announces intention to list on the NASDAQ
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* Santacruz Silver Mining (TSX:SCZ:CA [https://seekingalpha.com/symbol/SCZ:CA]) stated [https://seekingalpha.com/pr/20283386-santacruz-silver-announces-intention-to-list-on-the-nasdaq-and-provides-details-for-upcoming] on Tuesday that it has applied to list its common shares on the NASDAQ.
* The company also announces that its 2025 Annual General and Special Meeting of shareholders will be held on November 25, 2025.
* The company will pursue shareholder approval at the upcoming AGSM for a share consolidation to meet Nasdaq's initial listing requirements, which include a minimum bid price of US$4 per share.
* As of the record date for the AGSM, 365.38M common shares are issued and outstanding, under the assumption that consolidation is completed on a 10:1 ratio. However, if a 4:1 ratio is selected for the consolidation, the number of common shares issued and outstanding will be 91.35M, subject to the approval of the TSX Venture Exchange.

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