BOLT Metals Provides Update ON Subdivision of Shares
BOLT METALS PROVIDES UPDATE ON SUBDIVISION OF SHARES
Vancouver, B.C. – November 7, 2024 – Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT)
(FRANKFURT: A3D8AK) (OTCQB: PCRCF) is pleased to provide an update on the Company’s
proposed stock split announced on November 4, 2024, whereby the Company's common shares
will be split on the basis of two (2) new shares for each one (1) old share (the "Subdivison").
Each shareholder of record of the Company as of the close of bu siness on the record date,
November 13, 2024 (the “Record Date”), will receive one additional share for each share held on
such date.
The Company currently has 15,690,706 issued and outstanding common shares. Upon
completion of the Subdivision, there will be approximately 31,381,412 shares issued and
outstanding. The Canadian Securities Exchange (the “CSE”) will publish a bulletin confirming the
Subdivision for the Company in due course. The Company’s common shares will begin trading
on a post-Subdivision basis on Thursday, November 14, 2024.
Shareholders do not need to take any action with respect to the Subdivision. As per CSE policy,
the Subdivision is being conducted on a "push-out" basis and therefore the Company’s CUSIP
number will remain the same. The Company’s transfer agent, Odyssey Trust Company, will send
holders of common shares as of the Record Date a DRS advice letter in lieu of a share certificate,
which will represent the additional shares resulting from the Subdivision.
Bolt Metals Corp.
Branden Haynes – Director and CEO
(604) 817-1595
Reader Advisory
This news release may contain statements which constitute “forward-looking information”. The
words “may”, “potential”, “should”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”,
“estimate”, “expect”, and similar expressions, are intended to identify such forward -looking
statements. Such statements include, without limitation, statements relating to the Subdivision
and the timing thereof. Investors are cautioned that any such forward-looking statements are not
guarantees of future business activities and involve risks and uncertainties, and that the
Company’s future business activities may differ materially from those in the forward -looking
statements. There can be no assurances that such information will prove accurate and, therefore,
readers are advised to rely on their own evaluation of such uncertainties. The Company does not
assume any obligation to update any forward-looking information except as required under the
applicable securities laws.
The Canadian Securities Exchange has not approved or disapproved this news release.