Zeus North American Mining implements 2-for-1 stock split on April 30

Canadian mineral exploration company Zeus North America Mining announced that it will merge common shares at a “2-for-1” ratio starting April 30. This is the formal implementation of the measures announced on February 11, and the stock ticker will remain unchanged after the merger.

The company stated that trading on the Canadian Securities Exchange (CSE) will begin around April 30, 2026, based on the post-merger standards. The new CUSIP number after the merger will be “98956B202,” and the ISIN number will be “CA98956B2021.” The number of issued and outstanding shares will be adjusted to approximately 46,603,749 shares.

Shareholders holding physical stock will receive mailed notices, which will include instructions on exchanging their existing shares for the corresponding number of new shares after the merger. However, the company added that investors holding unregistered shares through brokerage firms or via the direct registration system (DRS) do not need to take any additional action.

The purpose of this stock merger is generally to increase the share price to adjust trading units and to ensure flexibility for future capital market strategies. However, the company did not specify any additional listing policy changes or financing plans beyond the merger in this announcement.

Zeus North America Mining owns mineral exploration assets in Idaho and Nevada. In Idaho, the company is focusing on the Cuddy Mountain, Selway, and Great Western projects, covering approximately 4,200 acres. Its core asset, the Cuddy Mountain project, is adjacent to Hercules Metal’s Leviathan copper porphyry discovery area.

Recently, the company also signed an option agreement to acquire a 90% interest in Nevada’s Delker and Bulls Eye copper-gold assets. These exploration assets are central to the company’s efforts to expand mineral development opportunities across North America.

The company noted in this announcement that statements regarding the completion of the stock merger, capital raising, and project development are “forward-looking statements,” and actual results may differ depending on market conditions and business progress. Key risk factors include exchange rates, capital market conditions, rising project costs, and overall industry volatility.

The focus of this announcement is on the restructuring of the stock structure rather than expanding the business base. Market analysts believe that the future trading dynamics after the merger and how Zeus North America Mining will continue to advance its North American copper-gold exploration assets will be key points for future evaluation.

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