Sendero Resources Announces Plan to Consolidate Common Shares

Sendero Resources Corp., listed on the TSX Venture Exchange under the symbol SEND, has announced its intent to consolidate its common shares. This consolidation will involve exchanging one post-consolidated share for every ten pre-consolidated shares, pending approval from the TSX Venture Exchange.

Currently, Sendero Resources has 69,904,420 shares issued and outstanding. The consolidation will reduce the number of shares to approximately 6,990,442, subject to rounding. The company's name and stock symbol will remain unchanged. Shareholder approval is not required for this consolidation.

Sendero believes the consolidation could enhance its financial standing, improve trading liquidity, and broaden its investor base. The date of effectiveness will be announced following regulatory approval.