Consensus Mining & Seigniorage Corporation Announces Stock Repurchase Program and Exploration of Engagement of Investment Banking Firm
-
Mona Lisa scrubbed from Syrian textbooks as critics slam conservative drift
-
Flavio Bolsonaro: right-wing heir falls from presidential hopeful to exile
-
Bolsonaro flees Brazil for US after election defeat: AFP
-
UK budget lifts bank tax to offset surging energy bills
-
Brazil's Bolsonaros: between power, prison, and exile
-
Spain high-speed train collision kills 64, injures over 100
-
Israel president urges against new vote despite inconclusive result
-
Brazil's Bolsonaro lands in Florida after election defeat: AFP
-
Eala recovers to move into Tokyo quarter-finals
-
Russia woos African leaders at Moscow summit
-
COPs 'bunch of baloney' says Panama as it vies to host nature summit
-
Local ceasefire in Russia-occupied Ukrainian city holds for second day
-
Denmark mulls banning turbo chickens
-
Odegaard urges Arsenal to move on after Fleetwood upset
-
Nintendo producer 'all nervous' as Zelda classic remake hits shelves
-
Japan, Germany leaders target closer ties on critical minerals
-
Israeli Arab parties hold key as Netanyahu falls short of majority
-
Spain high-speed train collision kills 31, injures 80
-
UK comedian Brand tells rape trial 'consent is fundamental'
-
Turkey hosted Libya east-west reunification talks last week
-
Shadman guides Bangladesh to 213-3 in West Indies Test
-
Spain high-speed train collision kills 30
-
Tech optimism lifts stocks ahead of Fed update on rates
-
Plane reportedly carrying Brazil's Bolsonaro departs Ecuador
-
No penalty practice for Fleetwood hero Haughey before he downs Arsenal
-
Springboks pick six uncapped players for Nations Championship
-
Billionaire Ambani's Jio soars in market debut after India's biggest IPO
-
Israel's unassuming President Herzog holds keys to next government
-
Cross-border abductions threaten Kenya's status as dissident refuge
-
Real Madrid apologise to China over Mbappe comments
-
'Eat the rich': Indonesians protest against graft, wildfires
-
Three killed by storm in southern India
-
Netanyahu bloc leads as Israeli votes counted, but no majority
-
China says takes Mbappe apology 'seriously' after Mao remark
-
Cyclone eases after lashing India coast, no deaths reported
-
Flavio Bolsonaro on way to Ecuador from Argentina after fleeing Brazil
-
AI chip giant SK hynix posts seven-fold surge in quarterly operating profit
-
Netanyahu bloc leads after half of Israeli votes counted but no majority
-
Two hundred 'Cruise for life' passengers stranded in Cambodia
-
India vows action after first cheetah shot dead
-
Pierce Brosnan and Helen Mirren on the joys of filming 'MobLand'
-
'Now or Never': Ethiopia influencers push for Eritrea invasion
-
S.African activists push back on data centre rush
-
Mbappe furore rages on in China, but Mao comments censored
-
Judges set to rule on Australian mushroom killer's appeal
-
Billionaire Ambani's Jio jumps 21% in market debut after record India IPO
-
Syria reopens Jordan border crossing after mending ties
-
Rays win thriller to thwart Brewers in World Series
-
Cyclone Arnab lashes India coast, no deaths reported
-
Reigning champ Knicks earn first win against Pistons
Consensus Mining & Seigniorage Corporation Announces Stock Repurchase Program and Exploration of Engagement of Investment Banking Firm
NEW YORK, NY / ACCESS Newswire / May 7, 2026 / Consensus Mining & Seigniorage Corporation ("CSMG" or the "Company") announced today that the Board of Directors have unanimously approved a stock repurchase program ("Program") under which the Company may repurchase up to $5 million of the Company's outstanding common stock. The Board of Directors further approved the authorization to explore the potential engagement of an investment banking firm to consider all strategic options for the Company.
Purchases under the Program may be made through a combination of open market purchases in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended, block trades, privately negotiated transactions or other transactions in the discretion of the Company. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases under this authorization. The volume, price, timing and manner of any repurchases will be determined at the Company's discretion, subject to general market conditions and regulatory factors. The Program does not obligate the Company to repurchase any specific amount of common stock, has no time limit, and may be modified, suspended or discontinued at any time without notice at the discretion of the Company. The Company expects to fund the Program from existing cash and cash equivalents.
"Our stock is trading at a significant discount to its book value, so we are launching this stock repurchase program to enhance value for all shareholders," said Alun Williams, President of CMSG. He continued, "As we recently reported, the Company is supremely positioned with a cash position of over $60 million, a growing balance sheet of cryptocurrency assets, no debt and a low cost structure, and the possible retention of an investment banking firm will allow us to explore all options to further increase stockholder value."
About Consensus Mining & Seigniorage Corporation
Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) is a cryptocurrency mining company created with strategic partnerships in hosting, repair, and management that enable it to operate with minimal overhead and enhanced profitability, and with a conservative capital structure that allows for flexible and patient capital allocation.
For more information, please visit https://consensusmining.com/.
Investor Relations Contact:
SOURCE: Consensus Mining & Seigniorage Corporation
View the original press release on ACCESS Newswire
X.Karnes--AMWN
