Indigo Exploration Announces Date for Share Consolidation
News Release
Indigo Exploration Announces Date for Share Consolidation
March 5 , 2025 - Vancouver, British Columbia . Indigo Exploration Inc. (the “ Company”)
(TSX-V: IXI), (OTCQB: IXIXF), (FSE: INE) announces that the consolidation of the Company's issued
and outstanding common shares on the basis of two (2) pre consolidation shares for every one (1) post
consolidation share (the “Consolidation”) will occur on March 10, 2025 (the “Effective Date”).
As of the date of this news release, the Company has 66,538,020 common shares issued and outstanding.
Upon completion of the Consolidation, it is expected that there will be approximately 33,269,010 common
shares issued and outstanding, not including round ing for any fractional amounts resulting from the
Consolidation. The number of post-consolidation common shares to be received by a shareholder will be
rounded down to the nearest whole common share.
The exercise price and number of common shares issuable upon the exercise of the Company's outstanding
options and warrants will be proportionally adjusted upon completion of the Consolidation in accordance
with the terms thereof.
Effective at the opening of trading on the Effective Date, the Company’s pre-Consolidation common shares
will be delisted from the TSX Venture Exchange and the post Consolidation common shares will commence
trading. The Company’s trading symbol, IXI, will remain unchanged. The Company’s new CUSIP and
ISIN are 45568X304 and CA45568X3040, respectively.
A letter of transmittal will be mailed to the registered holders of the Company’s common shares as soon as
practical after the Effective Date, requesting that those shareholders forward their pre-Consolidation share
certificates or Direct Registration (“DR S”) along with completed letters of transmittal to the Company’s
transfer agent, Computershare Investor Services Inc., to be exchanged for DRS advice representing their
common shares on a post-Consolidation basis. Shareholders holding shares through brokers, banks or other
intermediaries should consult with their broker, bank or other intermediary with respect to their post
Consolidation shareholdings.
On Behalf of the Board of Directors,
President and CEO
Paul Cowley: (604) 340-7711
Website: www.indigoexploration.com
Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.