P2 Gold (TSE:PGLD) has released an update.
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P2 Gold Inc. has chosen to pay the interest due on its Convertible Debentures by issuing common shares to the debenture holders, amounting to approximately 280.84 shares per $1,000 of debenture value. The decision is pending approval from the TSX Venture Exchange. P2 Gold focuses on developing its Gabbs Project in Nevada, which is expected to have a substantial life span and production rate.
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