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Kalo Gold Announces Effective Date Of Consolidation
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About this update from Kalo Gold Corp
[{"type":"text","content":"Kalo Gold Announces Effective Date Of ConsolidationNot for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. VANCOUVER, BC / ACCESS Newswire / December 19, 2025 / KALO GOLD CORP. (TSXV:KALO) (\"Kalo\", \"Kalo Gold\" or the \"Company\") announces that it will implement the consolidation of its common shares in the capital of the Company (the \"Shares\") on the basis of four (4) pre-consolidation Shares for every one (1) post-consolidation Share (the \"Consolidation\") effective as of December 23, 2025.The Company name will remain unchanged after the Consolidation. The new CUSIP number will be 48344L305 and the new ISIN number will be CA48344L3056 for the post-Consolidation Shares.The total issued and outstanding number of Shares post-Consolidation will be approximately 78,611,027, subject to rounding for fractional Shares.No fractional Shares will be issued in connection with the Consolidation. In the event a holder of Shares would otherwise be entitled to receive a fractional Share in connection with the Consolidation, the fractional Share will be cancelled if it is less than one-half (1/2) of a Share, and will be changed to one whole Share if that fractional Share is equal to or greater than one-half (1/2) of a Share.The exercise or conversion price, and the number of Shares issuable under any of the Company's outstanding convertible securities, if any, will be proportionately adjusted upon the effectiveness of the Consolidation.Registered shareholders who hold physical Share certificates will receive a letter of transmittal requesting they forward pre-Consolidation Share certificates to the Company's transfer agent, Odyssey Trust Company in exchange for new Share certificates representing Shares on a post-Consolidation basis. Shareholders who hold their Shares through a broker or other intermediary and do not have Shares registered in their own name will not be required to complete a letter of transmittal.About Kalo Gold Corp.Kalo Gold Corp., a gold exploration company, focused on epithermal gold deposits on the Company's Vatu Aurum Project, located on Vanua Levu (North Island). Kalo holds 100% of two Special Prospecting Licenses covering 367 km², encompassing a regional back-arc basin with ...