tiprankstipranks
Trending News
More News >

Flow Metals Settles Debt with Share Issuance for Sixtymile Project

Story Highlights
Flow Metals Settles Debt with Share Issuance for Sixtymile Project

Confident Investing Starts Here:

An update from Flow Metals Corp ( (TSE:FWM) ) is now available.

Flow Metals Corp has announced the closing of a shares-for-debt transaction related to its Sixtymile Property in Yukon. The company issued 499,998 common shares at a price of $0.06 per share to settle an annual royalty payment of $30,000. This move is part of Flow Metals’ strategic efforts to manage its financial obligations while focusing on its exploration projects, which include the Sixtymile Property known for its historical gold production and the New Brenda project in British Columbia.

More about Flow Metals Corp

Flow Metals is a mining exploration company focused on advancing two 100% owned road access projects in established mining districts of British Columbia and Yukon.

Average Trading Volume: 18,422

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$772.3K

See more data about FWM stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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
1