VANCOUVER, CANADA, February 26, 2025 – Nordique Resources Inc. (“Nordique” or the “Company”) (CSE: NORD) is pleased to announce that it intends to split the common shares in the capital of the Company (the “Shares”) on the basis of 2 (two) post-split Shares for each one (1) issued and outstanding pre-split Share (the “Share Split”).
The Company will seek approval from its shareholders (the “Shareholders”) for the proposed Share Split at the Company’s special meeting to be held on April 10, 2025.
As of the date of this news release, the Company has 16,808,624 Shares issued and outstanding on a pre-Share Split basis. Following the completion of the Share Split, the Company will have approximately 33,617,248 Shares outstanding on a post-Share Split basis.
The Company proposes to undertake the Share Split to increase liquidity and enhance the marketability of its common shares.
The effective date and further details of the Share Split will be announced in a subsequent news release. The Company’s name and stock symbol are currently expected to remain unchanged following the Share Split. The Share Split is subject to approval by the Shareholders and acceptance by the Canadian Securities Exchange.
About the Company
For more information, investors should review the Company’s filings that are available at https://www.sedarplus.ca.
Contact Information
Damion Carruel
CEO and Director
investors@nordiqueresources.com
Telephone: (604)-602-0001
Forward-Looking Statements
This news release contains certain forward-looking statements that are “forward looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are “forward-looking information”. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
