Indigo Exploration announces the date for share consolidation

Vancouver, British Columbia – (Newsfile Corp. – March 5, 2025) – Indigo Exploration Inc. (TSXV: IXI) (OTCQB: IXIXF) (FSE: Inen) (The “Pursue“) announces that the company's consolidation and outstanding regular shares of the company on the basis of two (2) preliminary consolidation shares for each (1) postal consolidation share (” consolidation “) will take place on March 10, 2025 (” Entry date “).

At the time of this press release, the company issued and outstanding 66,538,020 regular shares. After the consolidation has been completed, it is expected that around 33,269,010 regular shares will be issued and outstanding without the fractional amounts resulting from the consolidation. The number of regular shares after the consolidation, which a shareholder is to be preserved, is rounded off to the nearest regular share.

The exercise price and the number of ordinary shares exercised with the exercise of the outstanding options and the company's arrest warrants are adjusted proportionally after the consolidation has been completed in accordance with the provisions.

At the opening of the trade at the time of entry into force, the company's ordinary shares are solved by TSX Venture Exchange before consolidation and the regular shares after consolidation begin with the trade. The company's trading symbol, Ixi, remains unchanged. The new Cusip and the company of the company are 45568×304 or Ca45568x3040.

A letter of transmission is sent to the registered owners of the company's ordinary shares after the date of entry into force and demands that these shareholders forward their share certificates before consolidation or direct registration (“DRS”), together with completed letters of the broadcaster, to provide the basis of DRS base, and the basis of the DRS-Base to provide the basis of DRS. Shareholders who keep shares over brokers, banks or other agents should consult with their broker, a bank or another mediator with regard to their investments.

Neither the TSX venture Exchange nor the provider of regulations (how this term is defined in the guidelines of the TSX venture Exchange) take on responsibility for the adequacy or accuracy of this publication.

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