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MegaWatt Settles Debt Through Share Issuance

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MegaWatt Settles Debt Through Share Issuance

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MegaWatt Lithium and Battery Metals ( (TSE:MEGA) ) has issued an announcement.

MegaWatt Lithium and Battery Metals Corp. has announced the settlement of a debt by issuing 766,667 common shares at a price of $0.015 per share to an arm’s length creditor, totaling $11,500. This move is part of the company’s financial strategy to manage its obligations and may impact its financial standing and stakeholder interests, with the shares subject to a statutory hold period until June 21, 2025.

More about MegaWatt Lithium and Battery Metals

MegaWatt Lithium and Battery Metals Corp. is a British Columbia-based company focused on the acquisition and exploration of mineral properties. It holds interests in various projects, including the Benedict Mountains Uranium Property in Labrador, the Cobalt Hill Property in British Columbia, the Tyr Silver Project, and the Route 381 Lithium Property in Quebec.

YTD Price Performance: 20.0%

Average Trading Volume: 18,203

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $511.6K

Find detailed analytics on MEGA stock on TipRanks’ Stock Analysis page.

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