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Message: New Release

I checked Sedar and found this recent NR. I expected a roll back but this is huge!!!

ST. ELIAS MINES LTD. NEWS RELEASE Share Consolidation and Corporate Update December 21, 2023 St. Elias Mines Ltd. (the “Company”) is pleased to announce that at the Annual and Special Meeting of the shareholders of the Company held on July 24, 2023, the following individuals were elected to the Board of Directors:  Edward Low  Hani Zabaneh and,  Martin Bajic The Company also announces that it will complete a consolidation of the authorized and issued common shares of the Company (the “Common Shares”) on the basis of a one (1) postconsolidated Common Share for each one hundred (100) pre-consolidation Common Shares (the “Consolidation”). Prior to the Consolidation, the Company had 117,318,355 pre-Consolidation Common Shares issued and outstanding. Following the Consolidation, the Company will have approximately 1,173,184 post-Consolidation Common Shares issued and outstanding. No fractional Common Shares will be issued upon the Consolidation. In the event a holder of Common Shares would otherwise be entitled to receive a fractional Common Share in connection with the Consolidation, the number of Common Shares to be received by such shareholder will be rounded down to the next whole number and no cash consideration will be paid in respect of fractional shares. ON BEHALF OF THE BOARD: Edward Low CEO & Director For further information, please contact: Ming Jang Phone: 604.603.3685 email: mjang@mjjassociates.ca 

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