Sable completes 1-for-10 share consolidation, outstanding shares set at 32,023,156
Sable Resources Ltd. (TSXV: SAE; OTCQB: SBLRF) completed a 1-for-10 consolidation of its common shares on August 4, 2026, leaving 32,023,156 shares issued and outstanding. All outstanding convertible securities were adjusted in proportion to the consolidation ratio. The company described the move as a technical capital-structure adjustment and said it does not involve operational changes, asset increases or decreases, or a business transformation. It also said the action has no direct link to traditional asset markets.