Cruz Battery Metals Corp. (CSE: CRUZ) has announced a 10-for-1 share consolidation and a name change to Cruz Mining Corp., both effective at the opening of market on October 14, 2026. The consolidation will reduce the company's issued and outstanding shares from approximately 193,637,719 to approximately 19,363,772. The trading symbol "CRUZ" will remain unchanged. Investors are also noting a concurrent change in senior financial leadership at the company.

Key Points

  • Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN)
  • A 10-for-1 share consolidation and name change to Cruz Mining Corp. take effect October 14, 2026
  • Post-consolidation share count will be approximately 19,363,772; new CUSIP is 22889M101 and new ISIN is CA22889M1014
  • Investors should watch how warrant terms adjust and how the rebrand affects the company's strategic positioning

Cruz Battery Metals Share Consolidation Mechanics and Fractional Share Treatment

Effective October 14, 2026, one new post-consolidated share will be issued for every ten currently outstanding shares. The company currently has 193,637,719 common shares issued and outstanding, which will be reduced to approximately 19,363,772 following the consolidation. No fractional post-consolidated shares will be issued. Fractional shares representing less than one half of a share will be cancelled, while those representing at least one half of a share will be rounded up to one whole share, in accordance with the Business Corporations Act (BC).

Name Change to Cruz Mining Corp. and Updated Share Identifiers

Concurrent with the consolidation, the company will formally change its name from Cruz Battery Metals Corp. to Cruz Mining Corp. The trading symbol "CRUZ" on the Canadian Securities Exchange will not change. The new CUSIP number assigned to post-consolidated shares is 22889M101, and the new ISIN is CA22889M1014. Both the consolidation and the name change were approved by resolution of the board of directors under the provisions of the Business Corporations Act (BC) and the company's articles, the release states.

Registered Shareholder Procedures and Warrant Adjustments

Registered shareholders holding physical share certificates as of the effective date will receive a letter of transmittal from the company's transfer agent, Computershare Investor Services Inc., with instructions for exchanging certificates for new post-consolidated share certificates. Beneficial shareholders holding shares through a broker or intermediary are not required to complete a letter of transmittal. Outstanding warrants will also be proportionally adjusted in exercise price and underlying share count in accordance with their terms upon implementation of the consolidation.

CFO Transition as Cruz Mining Corp. Prepares for Rebrand

Alongside the structural changes, the company announced the appointment of Nancy Chow as Chief Financial Officer, following the resignation of Cindy Cai. The release states that the company thanks Ms. Cai for her contributions. No additional details regarding the timing of the transition or the incoming CFO's background were disclosed in the announcement. The immediate share price impact was not clear from available public information.