OTCPK:GWAXF - Post by User
Post by
Tim2Agamion Jul 01, 2023 8:29am
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Post# 35523476
Shares for Debt
Shares for DebtJust as important as finding new reserves below ground is cleaning up the balance sheet above board. Although the barrels-full of shares is additionally liquid, the price is not a fire sale, and the debt will be extinguished without being deemed hosed (or hosers). GOWEST GOLD LTD. ("GWA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 30, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 50,814,076 common shares in the capital of the Company at a deemed price of $0.135 per common share to settle outstanding debt for $6,859,900.24.
Number of Creditors: 2 Creditors
Non-Arm's Length Party / Pro Group Participation: N/A |
The Company shall issue a news release when the shares are issued and the debt extinguished.