Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Kermode Resources ( (TSE:KLM) ) has issued an announcement.
Kermode Resources Ltd. has completed a shares-for-debt transaction, settling $60,000 of debt by issuing 6,000,000 common shares at $0.01 per share. This transaction includes a related party component involving $20,000 held by insiders, but it was exempt from certain regulatory requirements due to its small size relative to the company’s market capitalization.
More about Kermode Resources
Kermode Resources Ltd. is a junior mining company focused on exploring opportunities worldwide.
Average Trading Volume: 457,833
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$662.8K
Learn more about KLM stock on TipRanks’ Stock Analysis page.