Goat Industries Ltd (TSE:GOAT) has released an update.
GOAT Industries Ltd. has announced plans to improve its financial health by settling $41,912.01 in debt through the issuance of new units, while also entering into an option agreement granting potential acquisition of a 100% interest in the Lacana-Doran property. The debt settlement involves issuing units that combine common shares and purchase warrants, subject to a four-month hold period. This strategic move aims to reduce the company’s current liabilities and expand its investment portfolio.
For further insights into TSE:GOAT stock, check out TipRanks’ Stock Analysis page.
