GoldON Resources Settles Debt with Equity

GoldON Resources (TSE:GLD) has released an update.

GoldON Resources Ltd. has reached an agreement to settle debts totaling $158,962.03 by issuing 3,179,241 common shares priced at $0.05 each to six creditors, with a four-month hold period on the shares, pending regulatory approval. The company specializes in discovery-stage mineral exploration, aiming to create value and partner with well-financed entities for advancing projects.

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