Group 1 - Eureka Lithium Corp. has issued a total of 1,018,945 common shares at a deemed price of C$0.1425 per share to settle debts amounting to $145,200 [1] - CEO Dave Bowen received 110,526 shares to settle a debt of C$15,750, which is classified as a related party transaction exempt from formal valuation and minority shareholder approval [2] - The shares issued are subject to a statutory hold period of four months following issuance, in accordance with applicable securities legislation and CSE policies [3] Group 2 - Eureka Lithium is the largest lithium-focused landowner in the Nunavik region of Quebec, owning three projects covering 2,108 square kilometers [4] - The company's claims were acquired from prospector Shawn Ryan and are located near two operating nickel mines with deep-sea port access [4]
Eureka Lithium Corp. Completes Debt Settlements
Newsfileยท2025-07-30 00:22