RosCan Gold Corporation (TSE:ROS) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Roscan Gold Corporation has concluded a debt settlement agreement involving a $1,050,000 debt owed for drilling and related services. The settlement terms include a small upfront cash payment, the issuance of 5 million common shares, and a secured promissory note with 12% annual interest, maturing in October 2024. The company is a Canadian gold exploration entity with significant interests in West Africa’s gold-rich regions.
For further insights into TSE:ROS stock, check out TipRanks’ Stock Analysis page.