Canadian Metals Announces Effective Date for 5:1 Share Consolidation
Canadian Metals Inc. CSE: CME
Canadian Metals Announces Effective Date for 5:1 Share Consolidation
April 12, 2024, Montréal, Québec. - Canadian Metals Inc. (“CME” or the “Corporation”) (CSE: CME)
announces further to its news releases dated December 13, 2022 and April 24, 2023, the Corporation will
implement the consolidation (the “Consolidation”) of all its issued and outstanding common shares in its
share capital on a basis of every five (5) pre-consolidated common s hares (the “ Pre-Consolidation
Shares”) for one (1) post-consolidated common share (the “ Post-Consolidation Shares”). The
Consolidation has been approved by the shareholders of the Corporation via a special resolution at the
Annual General and Special Meeting held on May 17, 2023.
The Corporation’s Post-Consolidation Shares will commence trading under the same stock symbol “CME”,
new CUSIP number 136369402 and new ISIN number CA1363694029 on the Canadian Securities
Exchange (“CSE”) at market open on or about April 22nd, 2024 as permitted by the CSE.
Prior to the Consolidation, the Corporation had 156,121,011 Pre-Consolidation Shares issued and
outstanding. Following the Consolidation, the Co rporation will have approximately 31,224,204 Post-
Consolidation Shares issued and outstanding. No fractional common shares will be issued in connection
with the Consolidation. In the event a shareholder would otherwise be entitled to receive a fractional Post-
Consolidation Share, the fractional Post-Consolidation Share shall be rounded up or down to the closest
whole number Post-Consolidation Share.
A Letter of Transmittal is being mailed to registered shareholders with instructions on how to exchange old
share certificate(s) for new share certificate(s) of the Corporation.
The exercise or conversion price, and the number of common s hares issuable under any of the
Corporation’s outstanding convertible securities, if any, will be proportionately adjusted upon the
effectiveness of the Consolidation.
About Canadian Metals Inc.
Canadian Metals is a diversified resource company focused on creating shareholder value through the
development of large-scale mineral deposits in specific commodities and safe jurisdictions. The company
currently has 28,822 hectares of highly prospective land in New Brunswick, Canada, the projects are within
and bordering the prolific Bathurst Mining Camp ( BMC) and are 100% owned. The properties cover a
range of geological target types including VMS style, structurally controlled gold, porphyry copper -gold-
molybdenum, and skarn lead-zinc-copper-silver mineralization.
For more information, please contact:
Wanda Cutler
Mobile: +1-416-303-6460
Website: www.canadianmetalsinc.com
Forward Looking Statements
This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual
results to differ materially from the statements made. When used in this document, the words “may”, “would”,
“could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to
identify forward-looking statements. Such statements reflect our current views with respect to future events and are
subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the
statements made, including those factors discussed in filings made by us with the applicable securities regulatory
authorities. Should one or more of these risks and uncertainties, such a ctual results of current exploration programs,
the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate
fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying
the forward looking statements prove incorrect, actual results may vary materially from those described herein as
intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these
forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such
forward-looking statements.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy
of this release.