Brief: Newpeak Metals Embarks On A Wholistic Rejuvenation Plan
29/11/2023 01:23
Nov 29 (Reuters) - Newpeak Metals Ltd NPM.AX :
* EMBARKED ON A WHOLISTIC REJUVENATION PLAN BY TRADING OUT
OF SOME
OF ITS CURRENT MINERAL ASSETS
* IS PLANNING A FRESHENING OF BOARD AND MANAGEMENT
* CO'S SHARE CAPITAL WILL BE CONSOLIDATED ON A 100:1 BASIS
REDUCING OUTSTANDING NUMBER OF SHARES FROM 10.0 BILLION TO 100
MILLION
Source text for Eikon: ID:nASX85J8h5
Further company coverage: NPM.AX
((Reuters.Briefs@thomsonreuters.com;))