Sendero Resources to Implement Share Consolidation

Sendero Resources Corp., listed on the TSX Venture Exchange, has announced the approval of a consolidation of its common shares. Effective November 11, 2024, at market open, the consolidation will convert ten pre-consolidation shares into one post-consolidation share. This move will reduce the number of outstanding shares from approximately 69.9 million to about 7 million. The proportional ownership of shareholders will remain unchanged.

No fractional shares will result from this process; shares will be rounded accordingly. Sendero’s name and stock symbol are unaffected, but new CUSIP and ISIN numbers have been assigned. Shareholders do not need to take action if shares are held through intermediaries.

The company's Peñas Negras Project in Argentina is unaffected by this development, as Sendero continues its focus on copper-gold exploration.