Murchison Minerals Announces Consolidation
News Release
Murchison Minerals Announces Consolidation
May 26, 2025 (Burlington, ON): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV:
MUR) is pleased to announce that, further to its press release of April 2, 2025, it has filed articles
of amendment to consolidate its issued and outstanding common shares ( each, a "Common
Share") on the basis of t wenty (20) pre -consolidation Common Shares for one (1) post -
consolidation Common Share (the " Consolidation"). The Consolidation was approved by
shareholders of the Company at its annual and s pecial meeting held on April 30, 2025 . The
Common Shares are expected to commence trading on the TSX Venture Exchange on a
consolidated basis on or about May 30, 2025. In connection with the Consolidation, a new CUSIP
number (CUSIP: 626426407 / ISIN: CA6264264079) has been obtained to replace the previous
CUSIP number.
Following the Consolidation, the Company will have approximately 14,913,651 Common Shares
issued and outstanding. No fractional Common Shares will be issued pursuant to the
Consolidation and any fractional Common Shares that would have otherwise been issued have
been rounded down to the nearest whole Common Share. The change in the number of issued
and outstanding Common Shares resulting from the Consolidation will not materially affect any
shareholder’s percentage ownership in the Company, although such o wnership will be
represented by a smaller number of Common Shares.
Registered shareholders who hold Common Shares represented by a physical certificate or direct
registration system advice (" DRS Advice") will receive a letter of transmittal from the transfer
agent for the Company, Computershare Trust Company of Canada, with instructions on how to
exchange their existing certificates or DRS Advices for certificates or DRS Advices representing
post-Consolidation Common Shares. Beneficial shareholders holding their Common Shares
through an intermediary, such as a brokerage firm, bank, dealer or similar organization, should
note that such intermediary might have different procedures for processing the Consol idation
than the procedures for registered shareholders. Beneficial shareholders who have any questions
in this regard are encouraged to contact their intermediary.
About Murchison Minerals Ltd. (TSXV: MUR)
Murchison is a Canadian‐based exploration Company focused on the exploration and
development of the 100% – owned Brabant Lake zinc‐copper‐silver project in north‐central
Saskatchewan and on nickel -copper-cobalt exploration at the 100% – owned HPM Project i n
Quebec.
Additional information about Murchison and its exploration projects can be found on the
Company’s website at www.murchisonminerals.ca . For further information, please contact:
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MURCHISON MINERALS LTD. NEWS RELEASE
Troy Boisjoli, President and CEO or
Erik H Martin, CFO
Justin Lafosse, Director Corporate Development
Tel: (416) 350‐3776
Forward‐Looking Information
Certain information set forth in this news release may contain forward -looking information that involves substantial known and unknown risks and
uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of whic h are beyond the control of the Company,
including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. FLI herein
includes, but is not limited to: future drill results; stakeholder engagement and relationships; parameters and methods used with respect to the assay
results; the prospects, if any, of the deposits; future prospects at the deposits; and the significance of exploration activi ties and results. FLI is designed
to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their
nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or i mplied by such FLI.
Although the FLI contained in this press release is based upon what management believes, or believed at the time, to be reasonable assumptions, the
Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consis tent with such FLI, as
there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes
responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no
obligation, to update or revise any such FLI contained herein to reflect new events or circumstances, except as may be required by law. Unless otherwise
noted, this press release has been prepared based on information available as of the date of this press release. Accordingly, you should not place undue
reliance on the FLI or information contained herein. Furthermore, should one or more of the risks, uncertainties or other fac tors materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from those described in FLI. Assumptions upon which FLI is based, without
limitation, include: the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company
to complete further exploration activities; the legitimacy of title and property interests in the deposits; the accuracy of key a ssumptions, parameters or
methods used to obtain the assay results; the ability of the Company to obtain required approvals; the re sults of exploration activities; the evolution of
the global economic climate; metal prices; environmental expectations; community and nongovernmental actions; and any impacts of COVID-19 on the
deposits, the Company’s financial position, the Company’s ability to secure required funding, or operations. Risks and uncertainties about the Company’s
business are more fully discussed in the disclosure materials filed with the securities regulatory authorities in Canada, whi ch are available at
www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchang e)
accepts responsibility for the adequacy or accuracy of this releas e.