Searchlight Resources Announces Proposed Share Consolidation
Searchlight Resources Announces Proposed
Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2025) - Searchlight Resources Inc. (TSXV:
SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") announces that it intends to consolidate its
issued and outstanding common shares at a ratio of five (5) pre-consolidated shares to one (1) post
consolidation share (the "Consolidation").
The purpose of the Consolidation is to facilitate the Company's ability to attract future financings,
generate greater investor interest and improve trading liquidity. The Company currently has 146,546,134
common shares issued. Upon completion of the Consolidation, the Company anticipates there will be
29,309,227 common shares issued and outstanding.
In accordance with the Company's Articles, the Consolidation does not require the approval of the
shareholders. The Consolidation is subject to acceptance from the TSX-V.
About Searchlight Resources Inc.
Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) is a Canadian mineral exploration and
development company focused on Saskatchewan, Canada, which has been ranked as the top location
for mining investment in Canada by the Fraser Institute. Exploration focus is on battery minerals and gold
throughout the province, concentrating on projects with nearby infrastructure.
On behalf of the Board of Directors,
"Stephen Wallace"
Stephen Wallace, President, CEO and Director
SEARCHLIGHT RESOURCES INC.
For further information, visit the Company's website at
www.searchlightresources.com
or contact:
Searchlight Resources Inc.
Alf Stewart, Chairman
(604) 331-9326
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The
Company cautions that all forward-looking statements are inherently uncertain, and that actual
performance may be affected by a number of material factors, many of which are beyond the Company's
control. Such factors include, among other things: risks and uncertainties relating to the Company's
limited operating history and the need to comply with environmental and governmental regulations.
Accordingly, actual and future events, conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as
required under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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https://www.newsfilecorp.com/release/263600