Jan 06, 2014
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $1.50.
The split itself did not change the total investment value.
EDM Resources Inc (TSXV:EDM) operates in the Other metals/Minerals industry.
EDM Resources Inc company overviewEDM Resources Inc's most recent stock split was on January 6, 2014. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
EDM Resources Inc has split its stock once. This history records one reverse split, on January 6, 2014.
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 EDM Resources Inc's 1-for-100 reverse split on January 6, 2014, every 100 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.
EDM Resources Inc has not announced a new split in our records. Its most recent split was on January 6, 2014, 12 years ago. Companies announce splits in advance, and any new TSXV:EDM split will appear on this page.
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