Nicola Mining (TSE:NIM) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue