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Sylla Gold Corp. Announces Closing of Private Placement and Debt Settlement


Sylla Gold Corp. Announces Closing of Private Placement and Debt Settlement
Sylla Gold Corp. (TSXV: SYG.H) (the
Company ) is pleased to announce that, further to its press release of February 19, 2021, the Company has closed a non-brokered private placement through the issuance of 10,000,000 units (each, a
Unit ) at a price of $0.10 per Unit for aggregate gross proceeds of $1,000,000 (the
Offering ). The net proceeds of the Offering will be used by the Company for working capital and the extinguishments of debts.
Each Unit is comprised of one Common Share and one-half of one Common Share purchase warrant of the Company (each whole warrant, a ....

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Atlantic Industrial Minerals Inc.: Atlantic Industrial Announces Name Change to Sylla Gold Corp. and Consolidation

Atlantic Industrial Announces Debt Settlement, Name Change and Consolidation


Bedford, Nova Scotia (Newsfile Corp. - February 19, 2021) -
Atlantic Industrial Minerals Incorporation (NEX: ANL.H) (the
Company ) is pleased to announce that it has agreed to settle and aggregate of $491,057.90 of indebtedness owed to certain arm s length and non-arm s length creditors through the issuance of an aggregate of 9,821,158 common shares (
Common Shares ) of the Company at a deemed price of $0.05 per Common Share (the
Debt Settlement ). Of this amount, $205,000.00 of indebtedness relates to the provision of management fees and loans
for an aggregate of 4,100,000 Common Shares, which will be issued to the Company s
Chief Financial Officer and director.
In addition, the Company is pleased to announce that it intends to change the name of the Company to Sylla Gold Corp. , or such name as the directors of the Company may determine and as may be acceptable to the Director appointed under the Canada Business Corporations ....

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