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