Sunday, August 3, 2025

Latest

Northern Vertex To Become Elevation Gold, Consolidate Shares As Of Friday

Northern Vertex Mining (TSXV: NEE) last night after the bell provided the effective date for its previously announced share consolidation and name change. The firm has indicated that its name will change to that of “Elevation Gold Mining Corporation.”

The name change, which will also see its stock symbol change to “ELVT” is set to take effect on September 24, 2021. A reason for the change was not provided, however it is assumed that the company is looking for a fresh start within the investment community.

A planned share consolidation, or reverse split, is also set to take effect on Friday. The consolidation will see the firm issue one post-consolidation share for every six pre-consolidation shares held of the company. A total of 60.9 million common shares are expected to be outstanding after the consolidation occurs, with any warrants or options currently outstanding being reduced proportionally as well.

Northern Vertex Mining last traded at $0.275 on the TSX Venture.


Information for this briefing was found via Sedar, and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

AngloGold Buys Another Gold Junior! Augusta Gold Acquired For $197 Million

Another Gold Deal! Aris Mining Sells Assets To McFarlane

Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Russia Dramatically Increases Gold Purchases As Oil and Gas Revenue Surges

The Russian Finance Ministry has announced a substantial increase in its gold purchases starting September...

Saturday, September 7, 2024, 07:33:00 AM

Exploits Discovery Obtains Drill Permits For Schooner Prospect

Exploits Discovery (CSE: NFLD) has received drill permits for its Schooner Prospect. The company this...

Thursday, April 8, 2021, 09:04:36 AM

Patagonia Gold Acquires Two Argentinian Properties From Mirasol Resources

Mirasol Resources (TSXV: MRZ) has sold off certain of its Argentinian properties to that of...

Monday, April 19, 2021, 07:47:59 AM

Bank of America Downgrades Gold Forecast From $3,000 to $2,000 Following Positive Vaccine News

The Bank of America has updated its 12 month gold forecast after the better-than-expected success...

Wednesday, November 25, 2020, 03:15:00 PM

Gold Soars: Why Are Jr. Mining Stocks Left Behind?

In this interview at the Precious Metals Summit 2024, Marshall Koval, President & CEO and...

Sunday, September 15, 2024, 07:11:00 AM