Sign up Australia
Proactive Investors - Run By Investors For Investors

Segue Resources gets confirmation for share consolidation

As of today, the company is trading under the ticker SEGDC.
Segue Resources gets confirmation for share consolidation
Every 35 shares will consolidate into 1 share

Segue Resources (ASX:SEG) has gained shareholder approval for a 1:35 share consolidation that will see 3.86 billion shares on issue turn into 110.4 million shares on issue.

The company is now trading in the re‐organised securities on a deferred settlement basis as ‘SEGDC’.

Segue expects trading under share code ‘SEG’ to resume following the Issue Date on 28 April 2017.

The share reorganisation follows the recently received soil survey results conducted at its Reid Well lithium‐caesium‐tantalum (LCT) prospect at the Gascoyne Lithium Project in Western Australia.

The program successfully delineated a 1.3x1.0 kilometre lithium and tantalum anomaly, with soil samples grading up to 0.8% lithium oxide.

View full AMD profile View Profile

Arrow Minerals Ltd Timeline

Related Articles

stack of coins growing in ascending order representing growth
September 13 2018
The updated study demonstrates a low-cost, high-margin integrated lithium operation.
gold bullion
October 18 2018
Perseus is on track to achieve guided production and costs for the December 2018 half year.
1536759814_Bluejay---ilmenite.jpg
September 12 2018
Bluejay is now sending off product samples to potential customers

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use