Alma Gold Settles Debt and Gains Major Shareholder
Company Announcements

Alma Gold Settles Debt and Gains Major Shareholder

Alma Gold, Inc. (TSE:ALMA) has released an update.

Alma Gold Inc., a gold exploration company, has successfully completed the issuance of over 4 million Common shares to settle a $404,997.17 debt, including payments to management and contractors. The shares are subject to a statutory hold period expiring on August 4, 2024. In the process, Touba Mining SARL has become a significant shareholder, now holding nearly 20% of Alma Gold’s common shares.

For further insights into TSE:ALMA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAlma Gold Expands Private Placement to Raise Funds
TipRanks Canadian Auto-Generated NewsdeskAlma Gold Strengthens Leadership with Key Appointments
TipRanks Canadian Auto-Generated NewsdeskAlma Gold Inc. Resolves Debt Through Equity Issuance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App