Tectonic Metals Announces Share Consolidation

Tectonic Metals Inc. has announced the approval of a share consolidation by the TSX Venture Exchange. Effective May 20, 2025, trading of the company's common shares will see one post-consolidated share for every ten pre-consolidated shares. This decision, backed by the shareholders and board, aims to capitalize on positive trends in the gold market.

With no changes to the company's name or symbol, the new CUSIP is 87877T608, and the ISIN is CA87877T6088. The consolidation will reduce outstanding shares from 419,853,777 to approximately 41,985,378, excluding new shares from a private placement. Adjustments will be made to the conversion price and share count of existing warrants and options.

Registered shareholders will receive instructions regarding the exchange of their share certificates. Shareholders in brokerage accounts need not take action. The company continues to position itself for growth, leveraging strong gold prices and institutional interest.