Sep 03, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.40 to $4.00.
The split itself did not change the total investment value.
Canadian Goldfields Discovery Corp (TSXV:CGM) operates in the Other metals/Minerals industry.
Canadian Goldfields Discovery Corp company overviewCanadian Goldfields Discovery Corp's most recent stock split was on September 3, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Canadian Goldfields Discovery Corp (TSXV:CGM) has split its stock 2 times: a 1-for-10 reverse split on January 25, 2018 and a 1-for-10 reverse split on September 3, 2020.
Canadian Goldfields Discovery Corp has split its stock 2 times. This history records 2 reverse splits between January 25, 2018 and September 3, 2020.
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 Canadian Goldfields Discovery Corp's 1-for-10 reverse split on September 3, 2020, every 10 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.
Canadian Goldfields Discovery Corp has not announced a new split in our records. Its most recent split was on September 3, 2020, 6 years ago. Companies announce splits in advance, and any new TSXV:CGM split will appear on this page.
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