Canter Resources Announces Effective Date for Share Consolidation
Canter Resources Announces Effective Date
for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Canter Resources Corp. (CSE:
CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("
Canter
" or the "
Company
") a U.S.-focused lithium-boron
exploration company, announces that, further to its news release of August 11, 2025, and subject to
regulatory approval, it will effect its share consolidation on the basis of seven (7) existing common
shares (the "
Shares
") for one (1) new Share (the "
Consolidation
") on Friday, August 22, 2025.
The Shares of the Company will begin trading on a consolidated basis at the opening of trading on
Friday, August 22, 2025.
The new ISIN is CA13810W2013 and the new CUSIP is 13810W201.
As of
the date hereof, there are 57,188,401 Shares issued and outstanding. On a post-Consolidation basis,
the Company will have approximately 8,169,771 Shares issued and outstanding, subject to rounding.
Registered shareholders who hold physical Share certificates will receive a letter of transmittal
requesting that they forward pre-Consolidation Share certificates to the Company's transfer agent,
Odyssey Trust Company, in exchange for new Share certificates representing Shares on a post-
Consolidation basis. Shareholders who hold their Shares through their broker or other intermediary and
do not have Shares registered in their own name will not be required to complete a letter of transmittal.
About Canter Resources Corp.
Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron
Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is
completing a phased drilling approach at Columbus to test highly prospective brine targets at varying
depths for lithium-boron enrichment and plans to leverage the Company's critical metals targeting
database to generate a portfolio of high-quality projects with the aim of defining mineral resources that
support the technology and domestic clean energy supply chains in North America.
On behalf of the Board of Directors.
For further information contact:
Joness Lang
Chief Executive Officer
Canter Resources Corp.
Tel: 778.382.1193
For investor inquiries contact:
Kristina Pillon, High Tide Consulting Corp.
Tel: 604.908.1695
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news
release. The Canadian Securities Exchange does not accept responsibility for the adequacy or
accuracy of this news release.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of applicable securities
laws. All statements contained herein that are not clearly historical in nature may constitute forward-
looking statements. Generally, such forward-looking information or forward-looking statements can be
identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or may contain statements that certain
actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or
"will be achieved". The forward-looking information and forward-looking statements contained herein
include, but are not limited to, statements regarding the Company's plans for the Project and the
payments related thereto, the issuance of the Consideration Shares and the Company's expected
exploration activities.
These statements involve known and unknown risks, uncertainties and other factors, which may cause
actual results, performance or achievements to differ materially from those expressed or implied by such
statements, including but not limited to: requirements for additional capital; future prices of minerals;
changes in general economic conditions; changes in the financial markets and in the demand and
market price for commodities; other risks of the mining industry; the inability to obtain any necessary
governmental and regulatory approvals; changes in laws, regulations and policies affecting mining
operations; hedging practices; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking statements, there may be other
factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Accordingly, readers should not place undue reliance on any forward-looking statements or information.
No forward-looking statement can be guaranteed. Except as required by applicable securities laws,
forward-looking statements speak only as of the date on which they are made and the Company does
not undertake any obligation to publicly update or revise any forward-looking statement, whether as a
result of new information, future events, or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/262929