CMC Metals (TSE:CMB) has released an update.
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CMC Metals Ltd. has settled $133,457.02 of debt by issuing 2,965,712 common shares to both arm’s length and non-arm’s length creditors at a deemed price of $0.045 per share. This strategic move reduces the company’s outstanding liabilities, allowing it to focus more on its high-grade silver-lead-zinc exploration projects in Northern British Columbia and Yukon.
For further insights into TSE:CMB stock, check out TipRanks’ Stock Analysis page.
