RSS SubscribeVancouver, B.C., July 17, 2025 – Storm Exploration Inc. (TSX-V: STRM) (“Storm” or the “Company”) is pleased to announce that the Board of Directors has approved a consolidation of its share capital on the basis of four (4) existing shares to one (1) new common share (the “Consolidation”). The Company’s name and stock symbol will remain unchanged following the Consolidation. The Company’s new CUSIP will be 86218J303 (ISIN: CA86218J3038).
Upon completion of the Consolidation, the Company’s outstanding share capital will be approximately 20,666,222 shares. No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded up or down to the nearest whole common share. The Company’s outstanding incentive stock options, warrants, and any convertible securities will be adjusted on the same basis (4:1) to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices.