RESOLVE VENTURES PROCEEDS WITH DEBT SETTLMENT TRANSACTION
Resolve Ventures Inc. has entered into debt settlement agreements with certain arm's-length third parties, pursuant to which the company has agreed to issue an aggregate of 3,375,482 common shares at a deemed price of 7.5 cents per common share. The amount of indebtedness settled by the transaction is $253,161.15. The company determined to satisfy this outstanding indebtedness with shares as it has no immediate source of cash. The transaction is subject to TSX Venture Exchange approval. All shares issued pursuant to the transaction are subject to four-month-and-one-day hold period.
About Resolve Ventures Inc.
Resolve is a Vancouver-based publicly listed exploration company trading on the TSX Venture Exchange. The company is led by a highly skilled management and technical team with numerous previous successes in the junior mining sector.Back to Past News