Stellar AfricaGold (TSE:SPX) has released an update.
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Stellar AfricaGold Inc. has successfully completed a share issuance to settle $226,388 of debt, issuing over 9 million shares at $0.025 each to creditors, which is expected to enhance the company’s financial standing and support future equity financing efforts. The shares will be held for four months and a day, with final approval pending from the TSX Venture Exchange.
For further insights into TSE:SPX stock, check out TipRanks’ Stock Analysis page.