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TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Newswire.ca - Thu Aug 21, 2025

CALGARY, AB, Aug. 21, 2025/CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) announces that, further to the special resolution approved by the Corporation's shareholders at the annual general and special meeting held on May 27, 2025, the board of directors of the Corporation has determined to implement the consolidation of the Corporation's common shares (the "Common Shares") on the basis of one (1) post-consolidation Common Share for every twenty (20) pre-consolidation Common Shares (the "Consolidation"). The expected effective date for the Consolidation is August 28, 2025.

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