Auric Minerals Corp. Announces Completion of Debt Settlement
Auric Minerals settled $43,000 of debt for past management and director services by issuing 296,551 common shares at a deemed price of $0.145 per share. The transaction is a related party transaction involving CEO Chris Huggins and directors Mike Boivin and Scott Hayduk, with the shares subject to a four-month statutory hold period.
Key figures
- Shares Issued
- 296551
- Offering Price
- 0.145
- Debt settled usd
- 43000
- Hold period months
- 4
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