Aztec Minerals Reduces Share Capital by Cancelling Own Shares

Aztec Minerals announced yesterday that it is reducing its share capital by cancelling shares it holds. This action will decrease the total number of shares in circulation, but it will not alter the nominal value of the company's issued shares.

The capital reduction is being executed through the cancellation of 3,663,810 shares previously acquired by the company itself. The board of directors' decision, made under the authority granted by the shareholders' meeting on May 16, 2023, is effective immediately.

Aztec Minerals is engaged in the exploration and development of mineral assets. The company aims to enhance shareholder value through strategic investments and project advancement. This capital restructuring is part of the company's ongoing efforts to optimize its balance sheet.