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Manning Ventures Settles $578,500 Debt with Share Issuance

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Manning Ventures Settles $578,500 Debt with Share Issuance

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Manning Ventures Inc ( (TSE:MANN) ) has provided an announcement.

Manning Ventures Inc. has announced a debt settlement agreement with certain creditors to settle $578,500 in debt through the issuance of 23,140,000 Common Shares at a price of $0.025 per share. This move, subject to regulatory approvals, aims to strengthen the company’s financial position and could impact its operations and market positioning in the Energy Metals sector.

More about Manning Ventures Inc

Manning Ventures Inc. is a mineral exploration and development company focused on metals and materials critical to the growing Energy Metals space. The company’s project portfolio includes Copper in Nevada, Lithium/Copper in Ontario and Quebec, and multiple Iron Ore projects in Quebec.

Average Trading Volume: 218,010

Technical Sentiment Signal: Sell

Current Market Cap: C$850.2K

For detailed information about MANN stock, go to TipRanks’ Stock Analysis page.

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