Cautionary Declaration Concerning Positive Details
Neither the TSX Endeavor Exchange nor its Policy Solutions Service Provider (as that term is specified in the policies of the TSX Endeavor Exchange) accepts duty for the adequacy or precision of this release.
SOURCE Kaymus Resources Inc.
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CALGARY, AB, Might 1, 2026/ CNW/ – Kaymus Resources Inc. (the “ Business” or “ Kaymus“) (NEX: KYS.H) is happy to reveal that the Business plans to effect a share debt consolidation (the “ Combination“) of its provided and impressive typical shares (the “ Typical Shares“) on the basis of as much as 10 (10) pre-consolidation Typical Shares (the “ Pre-Consolidation Common Shares“) for one (1) post-consolidation Typical Share (a “ Post-Consolidation Common Share“). The Business presently has 23,153,285 Pre-Consolidation Common Shares provided and impressive. Following the conclusion of the Debt consolidation, it is prepared for that the Business will have roughly 2,315,328 Post-Consolidation Common Shares provided and impressive, presuming a Debt consolidation on a 10 (10) for one (1) basis.
The Debt consolidation goes through invoice of approval from the NEX board of the TSX-V and approval of the investor resolution (the “ Investor Resolution“) at the approaching yearly and unique conference of investors of the Business to be hung on May 22, 2026, which approves the board the discretion to identify if and when to effect the Debt consolidation and at what Debt consolidation ratio.
The name of the Business will not alter in connection with the Debt consolidation. More information concerning the Debt consolidation are included in the Business’s management info circular dated April 10, 2026, a copy of which is readily available under the Business’s profile on SEDAR+ at www.sedarplus.ca.
This press release consists of particular declarations that might be considered “positive info” within the significance of suitable securities laws. All declarations herein, aside from declarations of historic truth, make up positive info. Positive info consists of declarations that are not historic truths and are usually, however not constantly, determined by the words “anticipates”, “strategies”, “prepares for”, “thinks”, “plans”, “price quotes”, “tasks”, “prospective” and comparable expressions, or that occasions or conditions “will”, “would”, “might”, “might” or “ought to” take place. Positive info included in this press release might consist of, without restriction, declarations with regard to: the conclusion of the Debt consolidation; the desired results of the Debt consolidation; the start of trading of the Post-Consolidation Common Shares on the NEX board of the TSX-V; and invoice of approval from the TSX-V with regard to the Debt consolidation.
Positive info goes through recognized and unidentified dangers, unpredictabilities and other elements that might trigger the real outcomes, level of activity, efficiency or accomplishments of the Business to be materially various from those revealed or suggested by such positive info. Danger elements that might trigger real outcomes to differ materially from those suggested in the positive info consist of those dangers connected to, to name a few things, modifications to service, social and financial conditions and those dangers talked about or explained in the Business’s public products filed on SEDAR+ at www.sedarplus.ca from time to time.
Although the Business thinks that the positive info is affordable based upon info readily available since the date hereof, positive info is neither historic truth nor guarantee of future efficiency or outcomes. Rather, it is based just on management’s existing affordable beliefs, expectations and presumptions concerning the Business’s service, future strategies and methods, forecasts, prepared for occasions and patterns, the economy and other future conditions, associating with, to name a few, the basic financial conditions and the political, allowing, regulative and legal environment in which the Business runs.
The positive info included in this press release represents the expectations of the Business since the date of this press release and, appropriately, goes through alter after such date. Readers ought to not position unnecessary value on positive info and ought to not trust this info since any other date. The Business does not carry out and disclaims any intent or responsibility to upgrade openly, re-issue, or modify any positive info, whether as an outcome of brand-new info, future occasions or otherwise, other than as needed in accordance with suitable laws.