Gold'n Futures Announces Share Consolidation

Gold'n Futures Announces Share Consolidation

(TheNewswire)

Gold'n Futures Mineral Corp.
 

VANCOUVER, BC TheNewswire December 23, 2025 - GOLD'N FUTURES MINERAL CORP. (CSE: FUTR) (OTC: GFTRF) (the "Company" or "Gold'n Futures") announces that it will be proceeding with a consolidation of its issued and outstanding share capital (the "Common Shares") on the basis of every one hundred (100) old Common Shares into one (1) new Common Share (the "Share Consolidation"), as previously announced by the Company on October 21, 2025, effective December 30, 2025 (the "Effective Date"). The Company received approval from its shareholders for the Share Consolidation at its annual general and special meeting held on November 18, 2025.

As a result of the Share Consolidation, the issued and outstanding Common Shares will be reduced to approximately 2,363,858. No fractional shares will be issued as a result of the Share Consolidation. All fractions of Common Shares will be rounded down to the next lowest whole number. No cash consideration will be paid in respect of fractional shares. The exercise or conversion price and the number of Common Shares issuable under any of the Company's outstanding convertible securities will be proportionately adjusted upon the Share Consolidation.

The Company has applied for new ISIN and CUSIP numbers in connection with the Share Consolidation. The new ISIN and CUSIP will be announced once assigned.

Shareholders of record as at the Effective Date will receive a letter of transmittal providing instructions for the exchange of their Common Shares as soon as practicable following the Effective Date.

The Company believes that the Share Consolidation will make the Company more attractive to financing opportunities, and will allow for the restructuring and settlement of certain existing liabilities. Completion of the Share Consolidation remains subject to completion of appropriate regulatory filings with the CSE.

On behalf of the Board of Directors

 

For further information

Matthew Fish

Director

Email: matt@fishpurdy.com  

Ph: 905-781-8786  

 

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-Looking Statements: This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking information in this news release includes, but is not limited to, statements regarding the timing, completion and effectiveness of the Share Consolidation, the anticipated effective date and record date of the Share Consolidation, the treatment of fractional shares, the adjustment of the exercise or conversion price and the number of Common Shares issuable under the Company's outstanding convertible securities, the completion of required regulatory filings and receipt of acceptance from the Canadian Securities Exchange, and the anticipated benefits of the Share Consolidation, including that it may make the Company more attractive for financing opportunities and facilitate the restructuring and settlement of certain existing liabilities. Forward-looking information is based on a number of assumptions, including, without limitation, that the Company will be able to complete the Share Consolidation on the terms described herein and within the anticipated timeframe, that required filings will be completed and accepted in a timely manner, and that there will be no unforeseen delays or costs associated with the Share Consolidation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied, including, without limitation, delays in or failure to obtain regulatory acceptance, changes in market conditions, and other risks and uncertainties disclosed in the Company's public filings. Readers are cautioned not to place undue reliance on forward-looking information.

 

The forward-looking information contained in this news release is provided as of the date hereof and the Company does not undertake any obligation to update or revise such information, except as required by applicable securities laws.

Copyright (c) 2025 TheNewswire - All rights reserved.

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