Sable Resources

Sable Resources has completed a 10:1 share consolidation; the shares have been trading consolidated on the TSX Venture Exchange since market open. The number of issued and outstanding common shares fell from 320,231,560 to 32,023,156. Convertible securities were adjusted accordingly, the TSX Trust Company has sent exchange instructions to shareholders, and existing certificates remain valid until exchanged. » Altro su de.investing.com

The board of Sable Resources has approved a 1-for-10 share consolidation to take effect on or about August 4, 2026, which will reduce outstanding shares from about 320,231,563 to approximately 32,023,156. The measure was approved by shareholders on July 14 and is subject to the approval of the TSX Venture Exchange; fractions will be rounded up or down and no cash payment will be made. Exercise and conversion prices and the number of shares issuable from convertible securities will be adjusted accordingly, trading will continue under the existing exchange symbols with a new CUSIP/ISIN, and registered shareholders will receive exchange instructions from the TSX Trust Company. » Altro su de.investing.com

Sable Energy has restarted operations at the Santa Ynez Unit, a major Pacific oil reserve, following approval from the Trump administration and the Department of the Interior. The site, which had been offline since a 2015 oil spill, is expected to reach near-full production by the end of the year despite opposition from California lawmakers citing environmental concerns. The reopening required navigating extensive permitting and regulatory hurdles. » Altro su yahoo.com