{"success":true,"data":{"pressRelease":{"id":"48003","rtpr_id":"nNFC5r7xQM","ticker":"EPG","exchange":"","all_tickers":["EPG"],"title":"Epic Gold Announces Effective Date of Share Consolidation","author":"Newsfile Corp","published_at":"2026-05-28T12:30:11.961Z","article_body":"Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - Epic Gold Corp. (CSE:\nEPG) (OTCQB: NFLDF) (FSE: 6340) (\"Epic Gold\" or the \"Company\") announces\nthat, further to the Company's news release dated May 25, 2026, the Company\nwill consolidate the common shares in the capital of the Company (the\n\"Shares\") on the basis of five (5) pre-consolidation Shares for every one (1)\npost-consolidation Share (the \"Consolidation\").\n\nThe Company's name and stock symbol will remain unchanged following the\nConsolidation. The new CUSIP number will be 29391A202 and the new ISIN will be\nCA29391A2020 for post-Consolidation Shares. The effective date of the\nConsolidation will be June 3, 2026.\n\nThe Company currently has 214,701,924 Shares issued and outstanding, and\nimmediately following the Consolidation, the Company will have approximately\n42,940,385 Shares issued and outstanding.\n\nNo fractional shares will be issued as a result of the Consolidation. Any\nfractional shares resulting from the Consolidation will be rounded up or down\nto the nearest whole Share. The Company's outstanding incentive stock options,\nwarrants, and any convertible securities will be adjusted on the same basis\n(5:1) to reflect the Consolidation in accordance with their respective terms\nwith proportionate adjustments to be made to the exercise prices. The\nCompany's post-Consolidation Shares are expected to begin trading on the\nCanadian Securities Exchange on or about June 3, 2026.\n\nLetters of transmittal with respect to the Consolidation will be mailed to all\nregistered shareholders of the Company. All registered shareholders will be\nrequired to send their respective certificates representing the\npre-Consolidation Shares along with a properly executed letter of transmittal\nto the Company's transfer agent, Computershare Trust Company of Canada (the\n\"Transfer Agent\"), in accordance with the instructions provided in the letter\nof transmittal. Additional copies of the letter of transmittal can be obtained\nthrough the Transfer Agent by calling 1-800-564-6253 or by emailing\ncorporateactions@computershare.com. All shareholders who submit a duly\ncompleted letter of transmittal along with their respective pre-Consolidation\nShare certificate(s) to the Transfer Agent will receive a post-Consolidation\nShare certificate or direct registration system statement representing the\npost-Consolidation Shares.\n\nAbout Epic Gold Corp.\n\nEpic Gold Corp. is a well-funded gold exploration company anchored by\nhistorical gold resources across its four projects (see news releases May 13,\n2025, June 3, 2025, October 8, 2025, December 16, 2025). Epic provides a\ncombination of a proven management team; a strong cash position (~$10M in cash\nand equivalents); Tier-1 jurisdiction exposure; and multiple potential\ndiscovery and transaction-driven catalysts.\n\nOn Behalf of the Board\n\n/s/ \"Rod Husband\"\nPresident & CEO\n+1 (778) 819-2708\ninvestors@epicgoldcorp.com\nhttps://epicgoldcorp.com\n\nNeither the Canadian Securities Exchange nor its Regulation Service Provider\n(as the term is defined in the policies of the Canadian Securities Exchange)\naccepts responsibility for the adequacy or accuracy of this news release.\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299170","article_body_html":"","raw_payload":{"data":{"id":"nNFC5r7xQM","title":"Epic Gold Announces Effective Date of Share Consolidation","author":"Newsfile Corp","ticker":"EPG","created":"2026-05-28T12:30:11.961Z","tickers":["EPG"],"exchange":"","article_body":"Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - Epic Gold Corp. (CSE:\nEPG) (OTCQB: NFLDF) (FSE: 6340) (\"Epic Gold\" or the \"Company\") announces\nthat, further to the Company's news release dated May 25, 2026, the Company\nwill consolidate the common shares in the capital of the Company (the\n\"Shares\") on the basis of five (5) pre-consolidation Shares for every one (1)\npost-consolidation Share (the \"Consolidation\").\n\nThe Company's name and stock symbol will remain unchanged following the\nConsolidation. The new CUSIP number will be 29391A202 and the new ISIN will be\nCA29391A2020 for post-Consolidation Shares. The effective date of the\nConsolidation will be June 3, 2026.\n\nThe Company currently has 214,701,924 Shares issued and outstanding, and\nimmediately following the Consolidation, the Company will have approximately\n42,940,385 Shares issued and outstanding.\n\nNo fractional shares will be issued as a result of the Consolidation. Any\nfractional shares resulting from the Consolidation will be rounded up or down\nto the nearest whole Share. The Company's outstanding incentive stock options,\nwarrants, and any convertible securities will be adjusted on the same basis\n(5:1) to reflect the Consolidation in accordance with their respective terms\nwith proportionate adjustments to be made to the exercise prices. The\nCompany's post-Consolidation Shares are expected to begin trading on the\nCanadian Securities Exchange on or about June 3, 2026.\n\nLetters of transmittal with respect to the Consolidation will be mailed to all\nregistered shareholders of the Company. All registered shareholders will be\nrequired to send their respective certificates representing the\npre-Consolidation Shares along with a properly executed letter of transmittal\nto the Company's transfer agent, Computershare Trust Company of Canada (the\n\"Transfer Agent\"), in accordance with the instructions provided in the letter\nof transmittal. Additional copies of the letter of transmittal can be obtained\nthrough the Transfer Agent by calling 1-800-564-6253 or by emailing\ncorporateactions@computershare.com. All shareholders who submit a duly\ncompleted letter of transmittal along with their respective pre-Consolidation\nShare certificate(s) to the Transfer Agent will receive a post-Consolidation\nShare certificate or direct registration system statement representing the\npost-Consolidation Shares.\n\nAbout Epic Gold Corp.\n\nEpic Gold Corp. is a well-funded gold exploration company anchored by\nhistorical gold resources across its four projects (see news releases May 13,\n2025, June 3, 2025, October 8, 2025, December 16, 2025). Epic provides a\ncombination of a proven management team; a strong cash position (~$10M in cash\nand equivalents); Tier-1 jurisdiction exposure; and multiple potential\ndiscovery and transaction-driven catalysts.\n\nOn Behalf of the Board\n\n/s/ \"Rod Husband\"\nPresident & CEO\n+1 (778) 819-2708\ninvestors@epicgoldcorp.com\nhttps://epicgoldcorp.com\n\nNeither the Canadian Securities Exchange nor its Regulation Service Provider\n(as the term is defined in the policies of the Canadian Securities Exchange)\naccepts responsibility for the adequacy or accuracy of this news release.\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299170"},"type":"article","timestamp":"2026-05-28T12:30:12.007094603Z","server_sent_at_ms":1779971412007},"received_at":"2026-05-28T12:30:12.093Z","source_url":"https://www.newsfilecorp.com/release/299170"},"analysis":{"id":"37434","press_release_id":"48003","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["5:1 reverse stock split signals potential listing compliance risk or weak share price performance","Reverse split reduces float and may impact liquidity"],"eventType":"reverse_split","narrative":"Epic Gold Corp. announced that its 5:1 share consolidation will become effective on June 3, 2026.\n\nThe company currently has approximately 214.7 million shares outstanding, which will be reduced to roughly 42.9 million post-consolidation.\n\nAll outstanding options, warrants, and convertible securities will be adjusted on a 5:1 basis with proportionate adjustments to exercise prices.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Epic Gold executes 5:1 reverse split effective June 3 -- watch for listing compliance implications."},"keyFigures":{"customDimensions":{"reverse_split_ratio":"5:1","cash_and_equivalents":10000000,"pre_split_shares_outstanding":214701924,"post_split_shares_outstanding":42940385}},"quotedText":"The Company will consolidate the common shares in the capital of the Company (the \"Shares\") on the basis of five (5) pre-consolidation Shares for every one (1) post-consolidation Share","namedEntities":{"people":[{"name":"Rod Husband","role":"President & CEO"}],"products":[],"companies":[{"name":"Epic Gold Corp.","ticker":"EPG","relationship":"filer"},{"name":"Computershare Trust Company of Canada","relationship":"transfer agent"},{"name":"Canadian Securities Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"~$10M","context":"cash and equivalents"}]},"materialImpact":{"score":3,"reasoning":"A 5:1 reverse stock split is a significant corporate action that reduces share count and increases share price, typically undertaken to meet listing requirements or improve liquidity. It signals potential listing compliance risk or a need to boost share price, which is generally viewed negatively by the market."},"tickerRelevance":{"others":[],"primary":"EPG"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"reverse_split","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"reverse_split","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Epic Gold Corp. announced that its 5:1 share consolidation will become effective on June 3, 2026.\n\nThe company currently has approximately 214.7 million shares outstanding, which will be reduced to roughly 42.9 million post-consolidation.\n\nAll outstanding options, warrants, and convertible securities will be adjusted on a 5:1 basis with proportionate adjustments to exercise prices.","key_figures":{"customDimensions":{"reverse_split_ratio":"5:1","cash_and_equivalents":10000000,"pre_split_shares_outstanding":214701924,"post_split_shares_outstanding":42940385}},"named_entities":{"people":[{"name":"Rod Husband","role":"President & CEO"}],"products":[],"companies":[{"name":"Epic Gold Corp.","ticker":"EPG","relationship":"filer"},{"name":"Computershare Trust Company of Canada","relationship":"transfer agent"},{"name":"Canadian Securities Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"~$10M","context":"cash and equivalents"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-28T12:43:50.235Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"reverse_split","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":54891,"modelName":"george-droid-qwen-72b"}}