RE:JUST TO BE CLEAR GMONEY$that headline is misleading for sure. I got my info from the Circular...
The circular is very clear, they are not approving a consolidation and have no definite plans on timing, but rather are seeking approval for management to have the option to execute a consolidation. To quote from the circular: “To consider and, if thought advisable, to pass, with or without variation, a special resolution in the form set forth in the Management Information Circular dated November 15, 2019 authorizing an amendment to the Corporation's Articles to consolidate the Corporation's issued and outstanding Common Shares on the basis of one post-Consolidation share for every twenty-five (25) pre-Consolidation shares or such lesser consolidation ratio as the directors may approve."