Nicola Mining (TSE:NIM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Nicola Mining plans to settle its outstanding interest on secured convertible debentures by issuing common shares, totaling 1,469,935 shares at $0.28 each, to debenture holders. This debt settlement involves a related party transaction, exempt from certain valuation and approval requirements, and is pending TSX Venture Exchange approval.
For further insights into TSE:NIM stock, check out TipRanks’ Stock Analysis page.