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An announcement from Metalite Resources ( (TSE:METL) ) is now available.
Metalite Resources Inc. has successfully completed a shares for debt transaction, settling $126,490.69 of debt owed to three consultants by issuing 5,749,576 common shares at $0.022 per share. This move helps Metalite manage its financial obligations, potentially strengthening its position within the mineral exploration industry.
More about Metalite Resources
Metalite Resources Inc. is a Canadian junior mineral exploration company focused on precious metals projects in New South Wales, Australia.
Average Trading Volume: 16,626
Technical Sentiment Signal: Sell
Current Market Cap: C$505.9K
Find detailed analytics on METL stock on TipRanks’ Stock Analysis page.