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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.

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