Red Rock Resources plc has repaid £65,500 of accrued debt by issuing 45,964,912 new ordinary shares of £0.0001 each in the company each at a price of 0.1425 pence. Following admission, the company’s total issued share capital will consist of 2,072,796,956 ordinary shares, with one voting right per share. Red Rock holds no shares in […]
Tag: shares-for-debt
Galantas raises C$749,000 via shares for creditors
Galantas Gold Corporation completed a shares-for-debt transaction announced in March with several of its arm’s length creditors for a total C$749,020 (£440,600). The company has accordingly issued a total 2,080,609 units of the company each at a deemed price of C$0.36. Each unit is comprised of one common share and one common share purchase warrant. Each […]