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Pasinex Announces Closing of Shares for Debt Settlement
Globenewswire· 2025-07-10 11:00
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Pasinex Resources Limited (CSE: PSE) (FSE: PNX) ("Pasinex" or the "Company") today announced that it has issued 28,766,306 common shares to certain of its creditors (the “Settlement Shares”) in exchange for outstanding debt (the “Shares for Debt Transaction”) in the aggregate amount of C$2,157,473 (the “Debt”) owing to 1514341 Ontario Inc. (”151 Ontario”), Seeley Holdings Ltd., Joachim Rainer (“Rainer”), other vendors and directors. The Settlement Shares are being ...