First American Uranium Settles Debt with Equity

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

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.

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