Shares for debt transaction
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Rio Silver Announces Proposed Shares for Debt Transaction
Globenewswire· 2025-11-06 11:00
Core Viewpoint - Rio Silver Inc. plans to settle $293,250 of debt through the issuance of common shares and warrants, subject to TSX Venture Exchange approval [1][2]. Group 1: Debt Settlement Details - The company intends to issue a total of 1,396,428 common shares at a deemed price of $0.21 per share and 420,238 common share purchase warrants [1]. - Of the common shares issued, 976,190 will be allocated to non-arm's length creditors, with no warrants issued to them [1]. - Each warrant is exercisable into a common share at a price of $0.28 per share for a period of three years from the date of issue [2]. Group 2: Regulatory and Financial Implications - The transaction is subject to a hold period of four months and one day from the date of issuance [2]. - Completion of the transaction will help the company improve its current working capital deficiency position [2].
TSX-V Exchange Approves Shares For Debt Transactions
Thenewswire· 2025-10-30 13:00
Core Points - Angkor Resources Corp. has received approval from the TSX Exchange for a 'shares for debt' transaction to address an aggregate debt of $1,922,800 owed to certain creditors [1][2] - The transaction involves the issuance of 9,156,190 shares at $0.21 each and 4,131,667 warrants, with each warrant exercisable at $0.30 for 24 months [2] - The common shares issued will be subject to a hold period of four months and one day following issuance [3] Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [4] - The company’s mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia, while its energy subsidiary, EnerCam Resources, has an onshore oil and gas license covering 4,095.1 square kilometers [5] - Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been engaged in gas/carbon capture and oil and gas production in Evesham, Saskatchewan [6]
William Radvak Acquires 16.86% Ownership in Monitor Ventures Inc.
Newsfile· 2025-10-16 20:36
Core Viewpoint - William Radvak has acquired a 16.86% ownership stake in Monitor Ventures Inc. through a shares for debt transaction, indicating a significant investment in the company [1][2][3]. Group 1: Acquisition Details - The acquisition involved 665,000 common shares of Monitor Ventures Inc., resulting from a debt settlement with an arm's length party and an insider [2][3]. - Following the debt settlement, Radvak now controls 16.86% of the total issued and outstanding common shares of the company [3]. Group 2: Investment Intentions - The acquisition was made for investment purposes, with the intention to evaluate the investment and adjust holdings as circumstances change [4]. - As of the release date, there is no immediate intention from Radvak to acquire additional securities or dispose of existing securities of Monitor Ventures Inc. [4].
Granite Creek Obtains Securityholder Approval for Arrangement
Newsfile· 2025-08-05 20:41
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - Granite Creek Copper Ltd. (TSXV: GCX) ("Granite Creek") is pleased to announce securityholder approval of its previously announced plan of arrangement (the "Arrangement"), pursuant to which, among other things, Cascadia Minerals Ltd. ("Cascadia") will acquire all of the issued and outstanding common shares of Granite Creek (the "Granite Creek Shares"), following a vote at the special meeting of Granite Creek's securityholders held on August 5 ...