Ramp Metals Receives DTC Eligibility, Completes Debt Settlements and Prepares to Build Camp
Ramp Metals' common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company, which the company expects to widen broker access and improve liquidity for its OTCID-quoted RMPMF shares. JP Enterprises of La Ronge, Saskatchewan has been contracted to build a fully permitted temporary exploration camp for up to 25 persons on Keith Lake, centrally located within the Rottenstone SW claim package, with construction beginning toward the end of September. The company also completed debt settlements, issuing 204,383 common shares at a deemed price of $0.28 per share to retire $57,227.43 of outstanding accounts payable.
Key figures
- Deemed price
- 0.28
- Gold intercept
- 73.55 g/t Au over 7.5m
- Property hectares
- 32689
- Camp capacity persons
- 25
- Shares issued debt settlement
- 204383
AI analysis
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