Dec 18, 2009
1:7
For every 7 shares held, investors received 1.
The split itself did not change the total investment value.
Morien Resources Corp. (OTC:APMCF) operates in the Coal industry.
Morien Resources Corp. company overviewMorien Resources Corp.'s most recent stock split was on December 18, 2009. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Morien Resources Corp. has split its stock once. This history records one reverse split, on December 18, 2009.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Morien Resources Corp.'s 1-for-7 reverse split on December 18, 2009, every 7 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Morien Resources Corp. has not announced a new split in our records. Its most recent split was on December 18, 2009, 16 years ago. Companies announce splits in advance, and any new OTC:APMCF split will appear on this page.
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