$AGX Silver X Mining has completed their previously announced shares for debt transactions.
It’s good to see the company paying off their debts, but hopefully, the issuance of $1.66m worth of shares won't cause a large selloff after the 4-month hold period ends.
Shares of $AGX are currently seeing some really strong price action heading into resistance at $.385. If shares can push past this resistance strongly, the next key price will be $.415. If shares can’t push strongly past resistance, I’ll be watching for the formation of a pennant pattern, as price action is currently starting to set that up.
Shares of $AGX.V are currently at $.38 up 4% on the day. The company is valued at $43.98 million.
https://ceo.ca/@accesswire/silver-x-completes-shares-for-debt-transaction