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Westbridge Renewable Energy Announces Share Consolidation Effective Date
Westbridge Renewable Energy Announces Share Consolidation Effective Date Canada NewsWir...
About this update from Westbridge Renewable Energy Corp
[{"type":"text","content":"\n\n\n\n Westbridge Renewable Energy Announces Share Consolidation Effective Date\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Aug. 19, 2025\n \n\n /CNW/ -\n \n Westbridge Renewable Energy Corp.\n \n (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ)\n \n (\"Westbridge\", \"Westbridge Renewable\" or the \"Company\")\n \n a leading developer of utility-scale renewable energy and energy infrastructure, announces\n \n August 22, 2025\n \n as the effective date of its previously announced consolidation of the Company's common shares (\"\n \n Common Shares\n \n \") on the basis of\n \n one (1) post-consolidation Common Share for every four (4) pre-consolidation Common Shares\n \n (the \"\n \n Consolidation\n \n \").\n \n\n\n\n\n\n\n\n\n The name of the Company and trading symbol will remain the same after the Consolidation. The new CUSIP will be 95716A201 and the new ISIN will be CA95716A2011.  The Consolidation reduces the number of shares issued and outstanding from 101,149,851 Common Shares to approximately 25,287,462 Common Shares issued and outstanding, subject to rounding for fractional shares.\n \n\n Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing their pre-Consolidation Common Shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Trust Company of\n \n Canada\n \n (\"\n \n Computershare\n \n \"), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Common Share certificate(s) to Computershare, will receive a post-Consolidation Common Share certificate or Direct Registration Advice representing their post-Consolidation Common Shares.\n \n\n No fractional shares will be issued as a result of the Consolidation. Any fractional interest in Common Share...