RE:RE:Re: Share consolidation ( worth a repeat IMO)Look up Surge Energy in Sedar -> Management information circular - English (Filed Jul 19 2021)
Pg. 26
Principal Effects of the Surge Share Consolidation
As at the date hereof, Surge has 379,594,375 Surge Shares issued and outstanding and upon completion of the Arrangement, Surge is expected to have approximately 608,485,692 Surge Shares issued and outstanding. Following the Surge Share Consolidation, and assuming the Surge Share Consolidation proceeds on the basis of one (1) post-consolidation Surge Share for 8.5 pre-consolidation Surge Shares, the number of postconsolidation Surge Shares issued and outstanding will be approximately 71,586,552 (on a non-diluted basis). See “Information Concerning Surge Following Completion of the Arrangement – Pro Forma Capitalization”.