Feb 29, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.05.
The split itself did not change the total investment value.
Grande Portage Resources Ltd. (TSXV:GPG) operates in the Precious metals industry.
Grande Portage Resources Ltd. company overviewGrande Portage Resources Ltd.'s most recent stock split was on February 29, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Grande Portage Resources Ltd. (TSXV:GPG) has split its stock 2 times: a 1-for-10 reverse split on February 18, 2016 and a 1-for-10 reverse split on February 29, 2016.
Grande Portage Resources Ltd. has split its stock 2 times. This history records 2 reverse splits between February 18, 2016 and February 29, 2016.
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 Grande Portage Resources Ltd.'s 1-for-10 reverse split on February 29, 2016, 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.
Grande Portage Resources Ltd. has not announced a new split in our records. Its most recent split was on February 29, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:GPG split will appear on this page.
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