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BE Resources Announces Closing of Debt Settlement
GlobeNewswire·2025-06-06 11:30

TORONTO, June 06, 2025 (GLOBE NEWSWIRE) -- BE Resources Inc. (TSX-V: BER.H) (“BE Resources” or the “Company”) announces that, further to the Company’s press release dated March 6, 2025, the Company settled C361,361.23ofdebtowedtocertaincreditorsoftheCompanyinconsiderationfortheissuanceof5,559,399commonsharesoftheCompany(theShares)atadeemedpriceofC361,361.23 of debt owed to certain creditors of the Company in consideration for the issuance of 5,559,399 common shares of the Company (the “Shares”) at a deemed price of C0.065 per Share (the “Debt Settlement”). The Company expects that the proposed Debt Settlement will assist the Company in preservi ...