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Metalero Mining Corp. Settles Debt with Shares

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Cortus Metals, Inc. (TSE:MLO) has released an update.

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Metalero Mining Corp. has announced the settlement of $710,961 in debts through the issuance of 4,739,739 common shares, as part of a restructuring effort. This move, which includes related party transactions, aims to stabilize the company’s financials while making its gold assets in Nevada available for sale or option.

For further insights into TSE:MLO stock, check out TipRanks’ Stock Analysis page.

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