Fredonia Mining Inc. Announces Consolidation Details

TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Further to its news release dated September 18, 2024, Fredonia Mining Inc. (TSXV: FRED) (the “Company” or “Fredonia”) is pleased to announced that the Board of directors of the Company (the “Board”) has approved a share consolidation at a ratio of five pre-consolidated common shares in the capital of the Company (“Common Shares”) for each one post-consolidation Common Share (the “Consolidation”). Shareholders of the Company approved a resolution authorizing the Board to proceed with the Consolidation at a special meeting of shareholders held on October 23, 2024.

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