CMC Metals Ltd. consolidates shares, becomes Walker Lane Resources

CMC Metals Ltd., based in Vancouver, is making significant changes. The company will consolidate its shares at a rate of ten shares for one new share. This consolidation is set to take effect on March 25, 2025. Currently, CMC Metals has 164,420,419 common shares. After the consolidation, this number will shrink to about 16,442,042 shares. Fractional shares will be handled by either cancelling those less than half a share or rounding up any that are half a share or more. Along with the share consolidation, the company will change its name to Walker Lane Resources Ltd. New shares will begin trading under the symbol WLR on the day of the change. Registered shareholders will receive instructions on how to exchange their old share certificates for new ones reflecting the change. The board believes these changes will help improve the company's situation and open up new opportunities for growth and financing. The company also reminds investors that forward-looking statements in its news releases are uncertain and subject to change based on various factors.