IN BRIEF: Altyn Proposes Name Change And Share Consolidation

Altyn PLC - Kazakhstan-focused miner - On Tuesday, has proposed to consolidate its existing ...

Alliance News 21 October, 2020 | 4:04PM
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Altyn PLC - Kazakhstan-focused miner - On Tuesday, has proposed to consolidate its existing issued 2.73 billion shares on a 100:1 basis. Will hold a general meeting on November 20 to gain shareholder approval.

Will also propose changing the company's name to AltynGold PLC, to "align its name with its activates making it clearer to potential investors the trade of the company".

Current stock price: 1.74 pence

Year-to-date change: more than tripled from 0.51p

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Altyn PLC 109.00 GBX 0.23 -

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