First American Uranium Inc. (CSE:URM) announced plans to consolidate its common shares on a 1:2 basis, reducing the number of shares from 12,247,181 to approximately 6,123,590, subject to rounding. No fractional shares will be issued, and any fractions will be rounded to the nearest whole share. This consolidation will also adjust the company's outstanding stock options and warrants accordingly. Approval from the Canadian Securities Exchange is pending, while the company's name and stock symbol are expected to remain unchanged.
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