Adyton Resources Corporation (TSE:ADY) has released an update.
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Adyton Resources Corporation has finalized a shares for debt transaction, issuing 4 million common shares at C$0.03 each to cover C$120,000 in management and directors’ fees for the previous year. This strategic move, aimed at preserving the company’s operating capital, has adjusted previous terms in compliance with TSX Venture Exchange policies and is pending final approval. The transaction, deemed beneficial for Adyton’s interests, will also adhere to a four-month hold period.
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