Business
Crestview Exploration Announces Share Consolidation, Name Change and New Trading Symbol
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - Crestview Exploration Inc. (CSE: CRS) (FSE: CE7) ("Crestview" or "the Company") announces t
About this update from Gold Runner Exploration Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - Crestview Exploration Inc. (CSE: CRS) (FSE: CE7) (\"Crestview\" or \"the Company\") announces that on October 3, 2025 the common shares of Crestview Exploration Ltd. will commence trading on the Canadian Securities Exchange on a consolidated basis of 1 post-consolidation share for every 10 pre-consolidation shares (\"Consolidation\"). Concurrent with the Consolidation, the Company is also changing its name to Gold Runner Exploration Inc. (\"Name Change\") and new trading symbol of \"GRUN\" has been confirmed and will be used by the Company going forward. Prior to the Consolidation, the Company had 36,851,748 common shares issued and outstanding. Following the Consolidation, the Company will have approximately 3,685,174 common shares issued and outstanding. No fractional common shares will be issued pursuant to the Consolidation, and any fractional common shares that would otherwise be issued will be rounded to the nearest whole number and no cash consideration will be paid in respect of fractional shares. The exercise or conversion price and the number of common shares issuable under any of the Company's outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in accordance with their respective terms. A letter of transmittal will be sent to registered shareholders providing instructions to surrender the certificates evidencing their shares for replacement certificates representing the number of post-consolidation shares to which they are entitled as a result of the Consolidation. Until surrendered, each certificate representing common shares prior to the Consolidation will be deemed for all purposes to represent the number of common shares to which the holder is entitled as a result of the Consolidation. The board of directors believes that the Consolidation and Name Change are necessary to better position the Company for future corporate development opportunities and financing of transactions and operations. The Consolidation and Name Change were approved by a special majority of shareholders at the Company's annual general and special meeting of shareholders held on July 14, 2025. The Canadian Securities Exchange has approved the above Consolidation, Name Change, and new trading symbol. On Behalf of the Board of D...