tiprankstipranks
Bolt Metals Completes Debt Settlement with Shares Issuance
Company Announcements

Bolt Metals Completes Debt Settlement with Shares Issuance

Story Highlights

Bolt Metals (TSE:BOLT) has released an update.

Don't Miss our Black Friday Offers:

Bolt Metals Corp. has completed a debt settlement by issuing over 648,000 common shares to its President, CEO, and Director, addressing an indebtedness of approximately $218,750. The agreement, which included a four-month hold period for the securities, is part of the company’s efforts to improve its financial position. Bolt Metals, a company specializing in the development of battery metals projects in the Asia-Pacific region, is working within exemptions provided for financial distress and related-party transactions.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBolt Metals Poised for Growth with Copper’s New Status
TipRanks Canadian Auto-Generated NewsdeskBolt Metals Announces Share Split and Trading Update
TipRanks Canadian Auto-Generated NewsdeskBolt Metals Announces Share Split and New Director
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