Gold Mountain Mining Corp. (TSE:GMTN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Gold Mountain Mining Corp. has finalized its debt settlement transactions, resolving all secured debt with Nhwelmen Construction by issuing shares and a convertible debenture. Additionally, critical service vendors have converted their unsecured debt into company shares, both settlements involving a discount to the market price. The total potential shares issued post-conversion would represent 24.63% of the company’s non-diluted shares, subject to Toronto Stock Exchange approval.
For further insights into TSE:GMTN stock, check out TipRanks’ Stock Analysis page.
