on Goldflare Exploration Inc. (isin : CA38150E1079)
Goldflare Approves Share Consolidation and Announces New Exploration Work
PIEDMONT, QC / ACCESSWIRE / August 26, 2024 / Goldflare Exploration Inc. (TSXV:GOFL) has received shareholders' approval for a 5-for-1 share consolidation. The approval was given at the recent annual and special meeting held on August 21. Over 98% of the votes supported the consolidation measure, and all directors were elected or re-elected with at least 88% of the votes.
Goldflare's management plans to implement the consolidation quickly. The necessary approvals are expected by September 15. CEO Michel Desjardins expressed gratitude for shareholders' confidence and noted the consolidation's importance for the Company's future.
Additionally, Goldflare will begin exploration work on properties adjacent to IamGold's Fayolle deposit. Detailed announcements regarding this campaign will follow in the coming weeks.
R. E.
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