American Copper Development Corporation: A New Dawn with Share Consolidation

American Copper Development Corporation (ACDX) has announced a significant move to consolidate its common shares on a 5:1 basis, effective February 24, 2025. This strategic decision, approved by the company's board of directors, aims to provide ACDX with increased flexibility in seeking additional financing opportunities and meeting the policies of the Canadian Securities Exchange (CSE). The consolidation will also subject the company's outstanding shares to a proportional adjustment, with the exercise or conversion price and the number of shares issuable under any of its convertible securities being adjusted accordingly.



The share consolidation will reduce the company's outstanding shares from 92,902,254 to approximately 18,580,450 shares, subject to adjustments for rounding. This move is subject to the policies of the CSE and is expected to provide ACDX with greater flexibility in pursuing future financing opportunities. Endeavor Trust Corporation has confirmed that all shares held by registered shareholders as of the record date on February 24, 2025, will be processed, while CEDE (DTC) will mail new certificates to CEDE (DTC).

American Copper Development Corporation is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property. The company's share consolidation is a strategic move that aligns with its long-term goals and is expected to enhance its market position and attract more investors.

In conclusion, American Copper Development Corporation's share consolidation is a significant step forward in the company's growth and development. By reducing the number of outstanding shares and increasing the share price, ACDX aims to improve its market appeal and attract more investors. This strategic move is subject to the policies of the CSE and is expected to provide the company with greater flexibility in pursuing future financing opportunities. As ACDX continues to explore and develop its mineral property assets, investors should keep a close eye on the company's progress and consider the potential benefits and drawbacks of the share consolidation.