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First American Uranium Settles Debt with Equity

First American Uranium Settles Debt with Equity

Prosperity Exploration Corp (TSE:URM) has released an update.

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First American Uranium Inc. has announced a debt settlement agreement, issuing 500,000 common shares at $0.05 each to a creditor for services provided, totaling a debt of $25,000. The shares are subject to a statutory hold period and the settlement is contingent on necessary approvals. The company focuses on mineral exploration in North America, particularly targeting precious and base metal properties.

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

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