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The latest update is out from Storm Exploration ( (TSE:STRM) ).
Storm Exploration Inc. has settled $351,987 in outstanding debt by issuing 7,039,742 common shares at $0.05 per share. This debt settlement includes related party transactions with insider creditors, which are exempt from certain regulatory requirements due to the company’s market status and the approval of independent directors.
More about Storm Exploration
Storm Exploration Inc. is a Canadian mineral exploration company focused on discovering and developing precious and base metal deposits in northwest Ontario, specifically on four district-scale projects: Miminiska, Keezhik, Attwood, and Gold Standard.
Average Trading Volume: 170,002
Technical Sentiment Signal: Hold
Current Market Cap: C$4.16M
For an in-depth examination of STRM stock, go to TipRanks’ Stock Analysis page.