Bayridge Resources to execute 10-for-1 share consolidation

Published 2 months ago Negative
Bayridge Resources to execute 10-for-1 share consolidation
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* Bayridge Resources (OTCPK:BYRRF [https://seekingalpha.com/symbol/BYRRF]) has announced plans for a share consolidation on a ten (10) for one (1) basis.
* The company currently has 73,422,979 common shares issued and outstanding; following completion of the consolidation, and subject to rounding, the company will have around 7,342,297 shares issued and outstanding.
* The board believes the consolidation will provide the company with increased flexibility to seek financing opportunities, increase interest and improve trading liquidity.
* Source: Press Release [https://seekingalpha.com/pr/20199043-bayridge-announces-proposed-share-consolidation]

MORE ON BAYRIDGE RESOURCES CORP.

* Financial information for Bayridge Resources Corp. [https://seekingalpha.com/symbol/BYRRF/income-statement]