Oct 21, 2014
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.01 to $0.04.
The split itself did not change the total investment value.
SLAM Exploration Ltd. (TSXV:SXL) operates in the Precious metals industry.
SLAM Exploration Ltd. company overviewSLAM Exploration Ltd.'s most recent stock split was on October 21, 2014. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
SLAM Exploration Ltd. (TSXV:SXL) has split its stock 2 times: a 1-for-10 reverse split on August 17, 2012 and a 1-for-3 reverse split on October 21, 2014.
SLAM Exploration Ltd. has split its stock 2 times. This history records 2 reverse splits between August 17, 2012 and October 21, 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 SLAM Exploration Ltd.'s 1-for-3 reverse split on October 21, 2014, every 3 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.
SLAM Exploration Ltd. has not announced a new split in our records. Its most recent split was on October 21, 2014, 12 years ago. Companies announce splits in advance, and any new TSXV:SXL split will appear on this page.
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