VANCOUVER, British Columbia, May 07, 2021 (GLOBE NEWSWIRE)
Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) announces that the Company has settled an outstanding indebtedness with a creditor (the “
Shares for Debt Settlement”) through the issuance of common shares of the Company, which was approved by the TSX Venture Exchange. Pursuant to the Shares for Debt Settlement, the Company has issued a total of 400,000 common shares of Pegasus at a deemed price of $0.05 per share in satisfaction of an outstanding amount of $20,000. The common shares issued pursuant to the Shares for Debt Settlement will be subject to a four month hold from the applicable date of issuance.
Canada Iron Inc.: Canada Iron Announces Closing of Private Placement and Debt Settlement
Canada Iron Inc. (the
Canada Iron ) is pleased to announce that it closed a non-brokered private placement (the
Private Placement ) for gross proceeds of $60,000. Pursuant to the Private Placement, the Company issued 13,974,122 units (
Units ) at a price of $0.0042937 per Unit, with each Unit consisting of one common share (a
Common Share ) and one-half of one common share purchase warrant (each whole warrant, a
Warrant ). Each Warrant entitles the holder thereof to acquire one additional Common Share (each, a
Warrant Share )
at a price of $0.0601111 per Warrant Share on the earlier of: (i) five years following the closing date of the Private Placement and (ii) three years following the closing of the Company s proposed business combination with Humble & Fume Inc., as previously disclosed in the Company s February 23, 2021 news release.
CubicFarms Announces Shares for Debt Transaction yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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The forecast market information, SWOT analysis, Debt Settlement market scenario, and feasibility study are the vital aspects analyzed in this report. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Aftermath Silver Ltd.: Aftermath Silver Announces Shares for Debt
Company or
Agreement ) with Mandalay Resources Corporation (
Mandalay ), the Company has elected to settle the required payment of $1,500,000 owing to Mandalay on April 30, 2021 through the issuance of common shares of the Company (the
Debt Settlement ).
Pursuant to the Debt Settlement, the Company will issue 2,054,794 common shares of the Company (the
Shares ) at a deemed price of $0.73 per Share to Mandalay. The issuance of the Shares to Mandalay is subject to the approval of the TSX Venture Exchange. All Shares issued pursuant to the Debt Settlement will be subject to a four month hold period.