Meryllion Resources Streamlines Equity and Settles Debt

Meryllion Resources Corp. (TSE:MYR) has released an update.

Meryllion Resources Corp. has announced the voluntary cancellation of over 2 million stock options and plans to settle $10,000 of accrued salary owed to its CFO by issuing 200,000 common shares. The transaction, which is subject to regulatory approval and a four-month hold period, is considered a related party transaction but falls within exemption limits, avoiding the need for minority shareholder approval.

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