Goat Industries Ltd (TSE:GOAT) has released an update.
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GOAT Industries Ltd. is set to strengthen its financial health by settling over $41,000 in debt through the issuance of 465,689 units, each comprising a share and a warrant, to its creditors. The move, approved by the Canadian Securities Exchange, aims to reduce the company’s current liabilities and includes a four-month hold period on the new securities issued. GOAT Industries is an investment issuer aiming to maximize returns from its diverse investment portfolio.
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