tiprankstipranks

P2 Gold Issues Shares for Debenture Interest

Story Highlights

P2 Gold (TSE:PGLD) has released an update.

Protect Your Portfolio Against Market Uncertainty

P2 Gold Inc. has fulfilled its obligation to pay interest on its convertible debentures by issuing common shares to the debenture holders, with the approval of the TSX Venture Exchange pending. A total of 467,605 shares will be distributed for the interest due, with no fractional shares being issued, and the transaction is classified as a related party transaction due to a director and officer being a holder.

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App