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Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Post by Tadon Aug 21, 2019 9:38am
141 Views
Post# 30049890

Core Gold Restructures Vertex Debt

Core Gold Restructures Vertex Debt
This should have been taken care of 5 months ago and announced in April at the latest.

Quite a delay in announcing this in August, when the already extended maturity date was March 31 2019. 


https://www.globenewswire.com/news-release/2019/08/21/1904813/0/en/Core-Gold-Restructures-Vertex-Debt.html


Was the new conversion price, that is reduced from $0.30 down to $0.18, agreed to prior to the Titan plan of arrangement vote, or after ? 



At least Vertex extended the maturity date once more,  guess there's enough confidence in the company surviving in one form or another into 2021


;-) 
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