Troy seeks to recapitalise and reboot trading on ASX : compa

Troy seeks to recapitalise and reboot trading on ASX

Troy resources is seeking shareholder approval for a series of agreements that would convert current debt into equity and raise funds to pursue its Smarts Underground project at its Karouni gold mine in Guyana and restart trading on the ASX. The company plans to convert approximately $18.7 million of debt to equity and issue shares at $0.022 to raise approximately $7.2 million

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Guyana , United States , Gem Creek , Cuyuni Mazaruni , America , Guyanese , , Barrick Gold Corporation , Troy Resources , Smarts Underground , Resources Non Executive Chairman , Peter Stern ,

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