Barksdale Resources Receives $1.98 Million from Debt Repayment
2022-02-17 05:38:52 Vancouver, British Columbia–(Newsfile Corp. – February 17, 2022) – Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) (“Barksdale” or the “Company“) is pleased to announce that Regal Resources Inc. (“Regal“) has made a cash payment to Barksdale to fully repay its financial obligations. In May 2021, Barksdale acquired two secured Regal loans from an […]
Kutcho Copper Eliminates Debt and Expands Partnership with Wheaton Precious Metals
2022-02-11 05:01:46 VANCOUVER, British Columbia, Feb. 11, 2022 (GLOBE NEWSWIRE) — Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho” or the “Company”) is pleased to announce that it has entered into an amendment agreement (the “Amendment”) with Wheaton Precious Metals Corp. (“Wheaton”) in respect of the Precious Metals Purchase Agreement dated December 14, 2017, as […]
Foremost Announces Debt Settlement and Grant of RSU’s
2022-02-02 21:05:22 Vancouver, British Columbia–(Newsfile Corp. – February 2, 2022) – Foremost Lithium Resource. (CSE: FAT) (OTC Pink: FRRSF) (FSE: F0R0) (“FAT” or the “Company“) is pleased to announce that it has agreed to settle an aggregate of $279,644.37 in outstanding fees owing to an arm’s length service provider the Company by way of issuance […]
Valterra Resource Arranges Shares for Debt Settlement
2022-02-01 13:10:45 Vancouver, British Columbia–(Newsfile Corp. – February 1, 2022) – Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) (“Valterra” or the “Company”) has entered into a debt settlement agreement with Manex Resource Group Inc. (“Manex”) to settle a debt of $463,509.30 by the issuance of 9,270,186 common shares at a price of $0.05 per share. […]
PNG Copper Inc. Announces Closings of Private Placement and Debt Settlement
2022-01-24 15:17:32 Toronto, Ontario–(Newsfile Corp. – January 24, 2022) – PNG Copper Inc. (CSE: PNGC) (“PNG Copper” or the “Company“) is pleased to announce the simultaneous closings of a brokered private placement offering (“Private Placement“) and settlement of outstanding indebtedness with senior management of the Company (“Debt Settlement“). The Company, pursuant to the Private Placement, […]
Silver X Mining Announces Shares for Debt Transaction
2022-01-24 06:08:20 VANCOUVER, BC / ACCESSWIRE / January 24, 2022 / SILVER X MINING CORP. (TSXV:AGX) (OTCQB:WRPSF) (“Silver X” or the “Company“) is pleased to announce that the board of directors of Silver X has approved the settlement of up to CAD$249,680 of debt (the “Debt Settlement“) through the issuance of common shares of the […]
Rathdowney Resources Clarifies Private Placement and Debt Settlement
2022-01-07 16:02:06 VANCOUVER, BC, Jan. 7, 2022 /CNW/ – Rathdowney Resources Ltd. (“Rathdowney” or the “Company”) (TSXV: RTH) announces that it has completed the final tranche of its previously announced private placement (July 29, 2021) by issuing 10,142,857 Units for gross proceeds of $355,000. The Company has therefore in the aggregate issued a total of […]
Gowest Gold Completes Share for Debt Transactions
2021-12-30 19:52:34 TORONTO, Dec. 30, 2021 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that, following acceptance of the transaction by the TSX Venture Exchange, the Company has issued 1,503,644 shares to settle an aggregate of $240,583 of indebtedness (the “Debt Settlement”). As previously announced (see Gowest news […]
Castle Peak Announces Shares for Debt Issuance
2021-12-30 13:34:08 Vancouver, British Columbia–(Newsfile Corp. – December 30, 2021) – Castle Peak Mining Ltd. (TSXV: CAP) (“Castle Peak” or the “Company”) is pleased to announce that further to its news releases dated April 27, 2021 and October 1, 2021, it has settled an aggregate $442,419.18 of debt owed to Allan Green and Candel & Partners […]
Glen Eagle Resources Announces Closing of Private Placement and Shares for Debt
2021-12-29 14:42:32 Montreal, Quebec, CANADA – TheNewswire – December 29, 2021 – Glen Eagle Resources Inc. (the “Corporation”) (TSXV:GER) is pleased to announce that it has closed its previously announced private placement (the “Offering“) pursuant to which it has issued an aggregate of 5,142,855 units (“Units“) of the Corporation at a price of $0.07 per […]
Granite Creek Copper Issues Shares For Debt
2021-12-23 15:35:39 VANCOUVER, BC / ACCESSWIRE / December 23, 2021 / Granite Creek Copper Ltd. (TSXV:GCX) (OTCQB:GCXXF) (“Granite Creek” or the “Company“) is pleased to announce that the board of directors of Granite Creek has approved the settlement of up to CAD$86,162 of debt (the “Debt Settlement“) through the issuance of 344,648 common shares of […]
Three Valley Copper Announces Senior Debt Forbearance Agreement Undertaking
2021-11-22 06:31:41 TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) — Three Valley Copper Corp. (TSXV: TVC) (“Three Valley Copper” or the “Company”) announces that an undertaking (the “Undertaking”) has been entered into between the Company and the senior secured lenders (the “Lenders”) of Minera Tres Valles (“MTV”), the Company’s primary asset that is 91.1% owned located […]
Stock Market Leverage Spikes, Margin Debt Up 42% YoY. Fed Warns about High Leverage Ratio of “Younger Retail Investors”
2021-11-18 15:30:00 “Potentially Destabilizing Outcome could emerge if elevated risk appetite among retail investors retreats rapidly.” But what the heck. By Wolf Richter for WOLF STREET. Only part of the leverage in the stock market is tracked and disclosed on a monthly basis. Much of the leverage happens in the shadows, including Securities Based Lending (SBA) that banks […]
Quaterra Resources Completes Shares for Debt Settlement
2021-11-12 12:18:26 Vancouver, British Columbia–(Newsfile Corp. – November 12, 2021) – Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the “Company“) announces that, further to its news release dated October 21, 2021 it has completed the debt settlement by issuing 403,665 common shares of the Company at a deemed price of $0.0825 per share. The total […]
Steppe Gold Announces US$65m in Project Finance and Working Capital Debt Facility to Fast Track Phase 2 Construction
2021-11-10 07:03:03 ULAANBAATAR, Mongolia, Nov. 10, 2021 (GLOBE NEWSWIRE) — Steppe Gold Ltd (TSX: STGO) (OTCQX:STPGF) (FSE:2J9) (“Steppe Gold” or the “Company”) is extremely pleased to announce that it has reached agreement for up to $65m (all figures in US$ unless otherwise stated) in debt capital (the “Loans”) to fast track its phase two construction of […]
Silver X Announces Shares for Debt Transaction
2021-11-05 16:18:24 NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES VANCOUVER, BC / ACCESSWIRE / November 5, 2021 / SILVER X MINING CORP. (TSXV:AGX) (OTCQB:WRPSF) (“Silver X” or the “Company”) is pleased to announce that the board of directors of Silver X has approved the settlement of […]
Gowest Announces New $1-Million Debt Financing
2021-11-05 04:42:39 TORONTO, Nov. 05, 2021 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that it has entered into a loan agreement with Lush Land Investment Canada Inc.(“Lush Land”) in respect of a bridge loan in the principal amount of $1,000,000 for working capital. The loan matures on […]
Currie Rose Resources Announces Issuance of Shares for Debt Settlement
2021-10-22 14:03:29 Toronto, Ontario–(Newsfile Corp. – October 22, 2021) – Currie Rose Resources Inc. (TSXV: CUI) (“Currie” or the “Company”) announces that it intends to settle certain outstanding accounts payable in the aggregate amount of $200,000 (the “Debt”) owing to certain creditor (the “Creditor”) through the issuance of up to 4,000,000 common shares of the […]
Inflation ‘single biggest threat’ to markets and ‘society in general,’ says investor who called stock-market crash in 1987
2021-10-20 07:57:00 “‘The No. 1 issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is not transitory. It’s probably the single biggest threat to, certainly, financial markets and I think again, probably, to society just in general.’” — Paul Tudor Jones, Tudor Investment Corp. It’s safe to say that […]
Gowest Gold Completes Debt Conversion
2021-10-15 05:01:57 TORONTO, Oct. 15, 2021 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that, effective October 15, 2021, it has completed its previously reported (see Gowest news release dated July 26, 2021) conversion of an aggregate of $18,024,088 of debt (the “Debt“) owed to four separate creditors […]