Tectonic Announces Share Consolidation Effective Date
1
TECTONIC ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE
VANCOUVER, B.C., May 15, 2025 – Tectonic Metals Inc. (“Tectonic” or the “Company”) (TSX-V: TECT;
OTCQB: TETOF) is pleased to announce that, further to its news release dated April 24, 2025, the TSX
Venture Exchange (the “ TSX-V”) has approved the Consolidation of its issued and outstanding common
shares (“Common Shares”) on the basis of one (1) Post-Consolidated Common Share (a “Post-Consolidated
Common Share ”) for every ten (10) Pre-Consolidated Common Shares (the “ Consolidation”). The
Consolidation will become effective at the opening of trading on the Toronto Stock Exchange at 9:30 a.m.
Eastern Time on May 20, 2025. The Company’s shareholders previously approved the Consolidation at the
Company’s annual general and special meeting held on September 21, 2023, and further approval at the
10:1 ratio was provided by the Board of Directors pursuant to a resolution passed on April 24, 2025.
The Share Consolidation initiative is not driven by necessity, but rather by strategic foresight , aimed at
positioning the Company and its shareholders to fully capitalize on strengthening gold prices, increasing
institutional interest in gold, and Tectonic’s own imminent, high-impact catalysts. There will be no name or
symbol change in conjunction with the Consolidation. The new CUSIP will be 87877T608 and the new ISIN
number will be CA87877T6088 for the Post-Consolidated Common Shares.
As of the date hereof, there are a total of 419,853,777 Common Shares issued and outstanding. Accordingly,
upon the Consolidation becoming effective and subject to adjustments for rounding, a total of 41,985,378
Post-Consolidated Common Shares will be issued and outstanding, excluding any Post -Consolidated
Common Shares issuable under the Company’s previously announced non-brokered private placement. No
fractional Post -Consolidated Common Shares will be issued as a result of the Consolidation, and any
fractional share interest will be rounded down to the nearest whole Post-Consolidated Common Share. No
cash consideration will be paid in respect of fractional shares.
The exercise or conversion price and the number of Common Shares issuable under any of the Company’s
outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in
accordance with their respective terms.
A letter of transmittal will be mailed to registered shareholders as at the Effective Date, providing
instructions with respect to surrendering share certificates representing pre -Consolidation Shares in
exchange for post -Consolidation Shares issued as a r esult of the Consolidation. Until surrendered, each
certificate representing pre -Consolidation Shares will be deemed to represent the number of post -
Consolidation Shares the holder received as a result of the Consolidation. Shareholders who hold their
Shares in brokerage accounts or in book-entry form are not required to take any action.
To Learn More About Tectonic Metals Or To Subscribe To Our Email List, Click Here
View Our 2025 Fact Sheet or Corporate Presentation Here
Tour The Flat Gold Project
Tectonic invites you to take a virtual tour of our Flat Gold Project with both the CEO of Tectonic and one of
Alaska’s largest for-profit Native Regional Corporations, Doyon
To Be A Part of “The Shift,” Follow Us On Social Media:
2
X
YouTube
On behalf of Tectonic Metals Inc.,
Tony Reda
President and Chief Executive Officer
For further information about Tectonic Metals Inc. or this news release, please visit our website at
www.tectonicmetals.com or contact Jesse Manna, Investor Relations, toll -free at 1.888.685.8558 or by
email at [email protected]
Cautionary Note Regarding Forward-Looking Statements
Certain information in this news release constitutes forward -looking information and statements under
applicable securities law. Any statements that are contained in this news release that are not statements of
historical fact may be deemed to be forward -looking statements. Forward -looking statements are often
identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend” and similar expressions and
include, but are not limited to, statements regarding the Offering, including the expected closing date and
participation by certain strategic funds for the amounts described herein; the intended use of the net
proceeds of the Offering, including the Company securing sufficient funds for the 2025 drill program at Alpha
Bowl by the expected launch date; the potential for mineralization and planned exploration and drilling
activities at Tectonic’s projects, any future exploration activities and the size; the terms and closing date of
the Share Consolidation, including the expected benefits for shareholders; the receipt of any regulatory
approvals, including the final approval of the TSXV for the Offering and the Share Consolidation.
Forward-looking information is not a guarantee of future performance and is based upon a number of
estimates and assumptions of management at the date the statements are made including, among others,
assumptions about the Company securing sufficient financing for its planned exploration and drilling
initiatives on acceptable terms or at all, current estimates and assumptions regarding the benefits of the
Share Consolidation, future prices of gold and other metal prices, currency exchange rates and interest rates,
favourable operating conditions, political stability, obtaining governmental and other approvals and
financing on time, obtaining required licenses and permits, labour stability, stability in market conditions,
availability of equipment, accuracy of any mineral resources, successful resolution of disputes and
anticipated costs and expenditures. Many assumptions are based on factors and events that are not within
the control of Tectonic, and there is no assurance they will prove to be correct.
Although Tectonic considers these beliefs and assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect, and the forward -looking statements in this release are
subject to numerous risks, uncertainties and other factors that may cause future results to differ materially
from those expressed or implied in such forward -looking statements. Forward -looking statements
necessarily involve known and unknown risks, including, without limitation: the Company’s
ability to consummate the Offering and the Share Consolidation on the terms described herein or at all; the
Company’s ability to implement its business strategies; risks associated with mineral exploration and
production; risks associated with general economic conditions; adverse industry events; marketing and
3
transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital
from internal and external sources, and/or inability to access sufficient capital on favourable terms;
industry and government regulation; changes in legislation, income tax and regulatory matters;
competition; currency and interest rate fluctuations; and other risks.
Readers are further cautioned not to place undue reliance on forward-looking statements as there can be
no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such
information, although considered reasonable by management at the time of preparation, may prove to be
incorrect and actual results may differ materially from those anticipated. Forward -looking statements
contained in this news release are expressly qualified by this cautionary statement. Although Tectonic has
attempted to identify important factors that could cause actual results to differ materially from those
contained in forward -looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can b e no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking information. Tectonic
does not undertake to update any forward -looking information, except in accordance with applicable
securities laws.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.