Aug. 22 at 11:17 AM
$USAS By reducing the number of outstanding shares, the consolidation maintains shareholder value and opens the doors to institutional investors with minimum price thresholds. It also potentially unlocks access to margin accounts at certain brokerages. Our leadership team successfully executed a 4.5-to-1 consolidation at Karora Resources in 2020, which saw the daily trading value triple over four years, demonstrating our experience with such initiatives, though past performance is not indicative of future results. This consolidation positions Americas for future growth as we continue to advance our high-potential assets."