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Jinhua Capital Corporation ( (TSE:JHC) ) just unveiled an announcement.
Jinhua Capital Corporation has announced a debt settlement transaction involving the issuance of 6,102,500 common shares to settle $122,050 of outstanding debt owed to several creditors. This transaction, which is subject to TSX Venture Exchange approval, aims to satisfy debts arising from consulting services and loans, potentially improving Jinhua’s financial standing and operational flexibility.
More about Jinhua Capital Corporation
Jinhua Capital Corporation is a mineral exploration company primarily focused on exploring base metals properties in Canada, particularly in British Columbia. The company also considers acquiring other mineral exploration assets and opportunities.
Average Trading Volume: 99,353
Technical Sentiment Signal: Sell
Current Market Cap: C$152.3K
See more insights into JHC stock on TipRanks’ Stock Analysis page.