{"success":true,"data":{"pressRelease":{"id":"163636","rtpr_id":"nNFC7qbTJC-20261007","ticker":"CRUZ","exchange":"","all_tickers":["CRUZ"],"title":"Cruz Announces Share Consolidation and Name Change","author":"Newsfile Corp","published_at":"2026-10-07T21:01:18.853Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 7, 2026) - Cruz Battery\nMetals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) (\"Cruz\" or the\n\"Company\") announces that, further to the Company's news release dated\nSeptember 15, 2026, the consolidation of the Company's issued and outstanding\ncommon shares (the \"Shares\") on the basis of one new Share (a\n\"Post-consolidated Share\") for every ten currently outstanding Shares (the\n\"Consolidation\") will be effective at the opening of the market on October 14,\n2026. The Company also announces it will change its name to \"Cruz Mining\nCorp.\" (the \"Name Change\") in connection with the Consolidation. There will be\nno change to the trading symbol \"CRUZ\". Pursuant to the provisions of the\nBusiness Corporations Act (BC) and the articles of the Company, the\nConsolidation and the Name Change were approved by way of resolution passed by\nthe board of directors of the Company.\n\nEffective October 14, 2026, the Company's name will change to Cruz Mining\nCorp. following the Consolidation. The new CUSIP number will be 22889M101 and\nthe new ISIN will be CA22889M1014 for the Post-consolidated Shares. The\nCompany currently has 193,637,719 common shares issued and outstanding, and\nafter the Consolidation is effective there will be approximately 19,363,772\ncommon shares issued and outstanding.\n\nNo fractional Post-consolidated Shares will be issued as a result of the\nConsolidation. As required under the Business Corporations Act (BC), any\nfractional Shares remaining after the Consolidation that are less than one\nhalf of a Share will be cancelled and any fractional Shares that are at least\none half of a Share will be rounded up to one whole Share. Registered\nshareholders of record as of the effective date who hold physical share\ncertificates will receive a letter of transmittal from the Company's transfer\nagent, Computershare Investor Services Inc., with instructions on how to\nexchange for new share certificates representing Post-consolidated Shares.\nBeneficial shareholders who hold their shares through a broker or other\nintermediary and do not have shares registered in their own names will not be\nrequired to complete a letter of transmittal.\n\nThe exercise price and number of Shares of the Company, issuable upon the\nexercise of outstanding warrants, will be proportionally adjusted upon the\nimplementation of the Consolidation in accordance with the terms thereof.\n\nThe Company is pleased to announce the appointment of Nancy Chow as Chief\nFinancial Officer, following the resignation of Cindy Cai. The Company thanks\nMs. Cai for her contributions to the Company.\n\nNeither the Canadian Securities Exchange nor its Regulation Services Provider\n(as that term is defined in the policies of the Canadian Securities Exchange)\naccepts responsibility for the adequacy or accuracy of this release.\n\nForward-Looking Statements\n\nThis news release contains forward-looking information which is subject to a\nvariety of risks and uncertainties and other factors that could cause actual\nevents or results to differ from those projected in the forward-looking\nstatements. Forward looking statements in this press release include that the\nCompany intends to consolidate its share capital. These forward-looking\nstatements are subject to a variety of risks and uncertainties and other\nfactors that could cause actual events or results to differ materially from\nthose projected in the forward-looking information. Risks that could change or\nprevent these statements from coming to fruition include that the Company may\nnot obtain approval for the Consolidation from the Exchange. The\nforward-looking information contained herein is given as of the date hereof\nand the Company assumes no responsibility to update or revise such information\nto reflect new events or circumstances, except as required by law.\n\nCruz Battery Metals Corp.\n\n\"James Nelson\"\n\nJames Nelson\nPresident, Chief Executive Officer, Secretary and Director\n\nFor more information regarding this news release, please contact:\nJames Nelson, CEO and Director\nT: 604-899-9150\nToll free: 1-855-599-9150\nE: info@cruzbatterymetals.com\nW: www.cruzbatterymetals.com\nTwitter: @CruzBattMetals\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317945","article_body_html":"","raw_payload":{"data":{"id":"nNFC7qbTJC-20261007","title":"Cruz Announces Share Consolidation and Name Change","author":"Newsfile Corp","ticker":"CRUZ","created":"2026-10-07T21:01:18.853Z","tickers":["CRUZ"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 7, 2026) - Cruz Battery\nMetals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) (\"Cruz\" or the\n\"Company\") announces that, further to the Company's news release dated\nSeptember 15, 2026, the consolidation of the Company's issued and outstanding\ncommon shares (the \"Shares\") on the basis of one new Share (a\n\"Post-consolidated Share\") for every ten currently outstanding Shares (the\n\"Consolidation\") will be effective at the opening of the market on October 14,\n2026. The Company also announces it will change its name to \"Cruz Mining\nCorp.\" (the \"Name Change\") in connection with the Consolidation. There will be\nno change to the trading symbol \"CRUZ\". Pursuant to the provisions of the\nBusiness Corporations Act (BC) and the articles of the Company, the\nConsolidation and the Name Change were approved by way of resolution passed by\nthe board of directors of the Company.\n\nEffective October 14, 2026, the Company's name will change to Cruz Mining\nCorp. following the Consolidation. The new CUSIP number will be 22889M101 and\nthe new ISIN will be CA22889M1014 for the Post-consolidated Shares. The\nCompany currently has 193,637,719 common shares issued and outstanding, and\nafter the Consolidation is effective there will be approximately 19,363,772\ncommon shares issued and outstanding.\n\nNo fractional Post-consolidated Shares will be issued as a result of the\nConsolidation. As required under the Business Corporations Act (BC), any\nfractional Shares remaining after the Consolidation that are less than one\nhalf of a Share will be cancelled and any fractional Shares that are at least\none half of a Share will be rounded up to one whole Share. Registered\nshareholders of record as of the effective date who hold physical share\ncertificates will receive a letter of transmittal from the Company's transfer\nagent, Computershare Investor Services Inc., with instructions on how to\nexchange for new share certificates representing Post-consolidated Shares.\nBeneficial shareholders who hold their shares through a broker or other\nintermediary and do not have shares registered in their own names will not be\nrequired to complete a letter of transmittal.\n\nThe exercise price and number of Shares of the Company, issuable upon the\nexercise of outstanding warrants, will be proportionally adjusted upon the\nimplementation of the Consolidation in accordance with the terms thereof.\n\nThe Company is pleased to announce the appointment of Nancy Chow as Chief\nFinancial Officer, following the resignation of Cindy Cai. The Company thanks\nMs. Cai for her contributions to the Company.\n\nNeither the Canadian Securities Exchange nor its Regulation Services Provider\n(as that term is defined in the policies of the Canadian Securities Exchange)\naccepts responsibility for the adequacy or accuracy of this release.\n\nForward-Looking Statements\n\nThis news release contains forward-looking information which is subject to a\nvariety of risks and uncertainties and other factors that could cause actual\nevents or results to differ from those projected in the forward-looking\nstatements. Forward looking statements in this press release include that the\nCompany intends to consolidate its share capital. These forward-looking\nstatements are subject to a variety of risks and uncertainties and other\nfactors that could cause actual events or results to differ materially from\nthose projected in the forward-looking information. Risks that could change or\nprevent these statements from coming to fruition include that the Company may\nnot obtain approval for the Consolidation from the Exchange. The\nforward-looking information contained herein is given as of the date hereof\nand the Company assumes no responsibility to update or revise such information\nto reflect new events or circumstances, except as required by law.\n\nCruz Battery Metals Corp.\n\n\"James Nelson\"\n\nJames Nelson\nPresident, Chief Executive Officer, Secretary and Director\n\nFor more information regarding this news release, please contact:\nJames Nelson, CEO and Director\nT: 604-899-9150\nToll free: 1-855-599-9150\nE: info@cruzbatterymetals.com\nW: www.cruzbatterymetals.com\nTwitter: @CruzBattMetals\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317945"},"type":"article","timestamp":"2026-10-07T21:01:18.897678718Z","server_sent_at_ms":1791406878897},"received_at":"2026-10-07T21:01:18.949Z","source_url":"https://www.newsfilecorp.com/release/317945"},"analysis":{"id":"152086","press_release_id":"163636","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["1:10 reverse split typically signals sub-$1 share price or exchange compliance pressure","CFO resignation with limited transition detail","Name change away from 'Battery Metals' identity"],"eventType":"reverse_split","narrative":"Cruz Battery Metals will consolidate its shares at a 1-for-10 ratio effective at market open on October 14, 2026, cutting shares outstanding from roughly 193.6 million to about 19.4 million.\n\nThe company is simultaneously renaming itself Cruz Mining Corp., keeping the CRUZ symbol, with a new CUSIP (22889M101) and ISIN (CA22889M1014); warrants will be proportionally adjusted.\n\nSeparately, Nancy Chow has been appointed CFO following the resignation of Cindy Cai.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Micro-cap battery metals explorer does a 1:10 consolidation and pivots its name to Cruz Mining -- watch for continued listing-compliance risk."},"keyFigures":{"customDimensions":{"new_isin":"CA22889M1014","new_name":"Cruz Mining Corp.","new_cusip":"22889M101","effective_date":"October 14, 2026","reverse_split_ratio":"1 new share for every 10 outstanding","pre_consolidation_shares":193637719,"post_consolidation_shares":19363772}},"namedEntities":{"people":[{"name":"James Nelson","role":"President, CEO, Secretary and Director"},{"name":"Nancy Chow","role":"Chief Financial Officer (incoming)"},{"name":"Cindy Cai","role":"Chief Financial Officer (resigned)"}],"products":[],"companies":[{"name":"Cruz Battery Metals Corp.","ticker":"CRUZ","relationship":"filer"},{"name":"Computershare Investor Services Inc.","relationship":"transfer agent"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"1:10 reverse split signals share-price/listing compliance pressure typical of micro-caps, plus a name change (Cruz Battery Metals to Cruz Mining) and a CFO transition. Material to holders but not a company-defining event."},"tickerRelevance":{"others":[{"ticker":"BKTPF","relevance":"subsidiary"}],"primary":"CRUZ"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":["ticker_change","executive_change"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"reverse_split_1_for_10","retailFavoriteBoost":false}},"event_type":"reverse_split","event_type_secondary":["ticker_change","executive_change"],"sentiment":"bearish","material_impact_score":3,"narrative":"Cruz Battery Metals will consolidate its shares at a 1-for-10 ratio effective at market open on October 14, 2026, cutting shares outstanding from roughly 193.6 million to about 19.4 million.\n\nThe company is simultaneously renaming itself Cruz Mining Corp., keeping the CRUZ symbol, with a new CUSIP (22889M101) and ISIN (CA22889M1014); warrants will be proportionally adjusted.\n\nSeparately, Nancy Chow has been appointed CFO following the resignation of Cindy Cai.","key_figures":{"customDimensions":{"new_isin":"CA22889M1014","new_name":"Cruz Mining Corp.","new_cusip":"22889M101","effective_date":"October 14, 2026","reverse_split_ratio":"1 new share for every 10 outstanding","pre_consolidation_shares":193637719,"post_consolidation_shares":19363772}},"named_entities":{"people":[{"name":"James Nelson","role":"President, CEO, Secretary and Director"},{"name":"Nancy Chow","role":"Chief Financial Officer (incoming)"},{"name":"Cindy Cai","role":"Chief Financial Officer (resigned)"}],"products":[],"companies":[{"name":"Cruz Battery Metals Corp.","ticker":"CRUZ","relationship":"filer"},{"name":"Computershare Investor Services Inc.","relationship":"transfer agent"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-07T21:01:24.426Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"reverse_split_1_for_10","retailFavoriteBoost":false}},"durationMs":5473,"modelName":"glm-5.3-flashx"}}