Euromax Resources (TSE:EOX) has released an update.
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Euromax Resources Ltd. has reached a debt settlement agreement with the EBRD, issuing over 12 million units to partially repay fees and interest, while preserving cash for operations. The transaction, which includes common shares and warrants, aims to strengthen the company’s financial position without significantly altering control. Euromax intends to finalize the transaction promptly, subject to TSX Venture Exchange approval.
For further insights into TSE:EOX stock, check out TipRanks’ Stock Analysis page.