Goldflare Announces Effective Date of its Share Consolidation

PIEDMONT, QC / ACCESSWIRE / August 30, 2024 / Goldflare Exploration Inc. (TSXV:GOFL) (“Goldflare” or “the Company”) announces that the effective date of the share consolidation next Wednesday, September 4. Following the positive vote of shareholders at the Annual and Special Meeting on August 21 (see news releases dated July 24, 2024 and August 26, 2024), the Company has obtained all necessary approvals, including those of the TSXV.

The number of shares issued and outstanding as of the date of this press release is 123,364,533 and based on the approved consolidation ratio of 5 old shares for 1 new share, the number of shares issued and outstanding as of the record date is expected to be 24,672,899 (subject to rounding down of fractions of shares). The new CUSIP and ISIN numbers for the securities are 38150E206 and CA38150E2069, respectively.