Oct 03, 2016
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.11 to $0.22.
The split itself did not change the total investment value.
Northern Lion Gold Corp. (TSXV:NL) operates in the Precious metals industry.
Northern Lion Gold Corp. company overviewNorthern Lion Gold Corp.'s most recent stock split was on October 3, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Northern Lion Gold Corp. (TSXV:NL) has split its stock 4 times: a 1-for-15 reverse split on May 29, 1998, a 1-for-2 reverse split on March 16, 1999, a 1-for-16 reverse split on August 19, 2015, and a 1-for-2 reverse split on October 3, 2016.
Northern Lion Gold Corp. has split its stock 4 times. This history records 4 reverse splits between May 29, 1998 and October 3, 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 Northern Lion Gold Corp.'s 1-for-2 reverse split on October 3, 2016, every 2 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.
Northern Lion Gold Corp. has not announced a new split in our records. Its most recent split was on October 3, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:NL split will appear on this page.
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