Business
Baselode Announces Name Change to Geiger Energy Corporation and Share Consolidation
Toronto, Ontario--(Newsfile Corp. - October 22, 2025) - Baselode Energy Corp. (TSXV: FIND) (...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Announces Name Change to Geiger Energy Corporation and Share ConsolidationToronto, Ontario--(Newsfile Corp. - October 22, 2025) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce, that it will change its name to \"Geiger Energy Corporation\" effective October 27, 2025, and consolidate its common shares on the basis of one (1) new common share for every existing five (5) common shares. The consolidation and name change is expected to take effect on October 27, 2025, and is subject to TSX Venture Exchange approval. Immediately prior to the consolidation and name change there are expected to be 291,627,303 ‎ Common Shares issued and outstanding, and it is expected that there will be ‎ 52,325,460 Common Shares following the consolidation and name change, subject to rounding for any fractional shares. No fractional shares will be issued as a result of the share consolidation and the number of post consolidation shares to be received by a shareholder will be rounded up, in the case of a fractional interest that is 0.5 or greater, or rounded down, in the case of a fractional interest that is less than 0.5, to the nearest whole number of shares that such holder would otherwise be entitled to receive upon the implementation of the share consolidation. The consolidation and name change is being conducted on a \"push-out\" basis. Registered shareholders holding share certificates will be mailed a replacement certificate or a direct registration advice representing their post-consolidation and newly names shares. Until surrendered for exchange, following the effective date of the consolidation and name change, which is expected to be October 27, 2025, each share certificate formerly representing pre-consolidation shares will be deemed to represent the number of whole post-consolidation shares to which the holder is entitled as a result of the consolidation. Holders of shares of the Company who hold uncertificated shares (that is shares held in book-entry form and not represented by a physical share certificate), either as registered holders or beneficial owners, will have their existing book-entry account(s) electronically adjusted by the Company's transfer agent or, for beneficial shareholders, by their brokerage firms, banks, trusts or other nominee...