Alma Gold (TSE:ALMA) has released an update.
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Alma Gold Inc. has successfully completed a debt settlement by issuing over 1.5 million shares to clear $154,537.90 owed to its creditors, which includes payments due to directors and contractors. The settlement involved related party transactions with the company’s CEO and two directors receiving shares, adhering to transaction exemptions as per securities regulations. Alma Gold focuses on gold exploration with projects in Guinea and Canada.
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