Share dilution is minimal here compared to Dumont project or Karora shares ..the dumont project brought there share count at RNX to 546 million shares to get them to there Feasibility stage or second feasibility and they just consolidated July 2020 to a 4.5 to 1 this past July, as we sit under 80 million shares and this could be to our Feasibility...share dilution is huge but not for CNC yet...unless they takeit into production...glta
Karora Share Consolidation
Karora is also pleased to announce, as previously authorized by its shareholders and following a determination by its Board of Directors, the Corporation intends to file articles of amendment implementing a consolidation of its outstanding common shares on the basis of one (1) post-consolidation common share for every four point five (4.5) pre-consolidation common shares (the "Consolidation").