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Sylla Gold Corp ( (TSE:SYG) ) just unveiled an announcement.
Sylla Gold Corp has announced the issuance of unsecured promissory notes totaling $45,000 from both related and unrelated lenders. The funds are intended for auditing expenses, transfer agent services, and general working capital. The issuance includes 599,998 common shares as a loan bonus, subject to regulatory approvals and a hold period. This move is part of a related party transaction but falls under exemptions due to the company’s market capitalization and listing status.
More about Sylla Gold Corp
Sylla Gold Corp is a company operating in the mining industry, focusing on the exploration and development of gold resources. The company is listed on the TSX Venture Exchange and the OTCQB, indicating a focus on both Canadian and international markets.
Average Trading Volume: 151,108
Technical Sentiment Signal: Sell
Current Market Cap: C$1.09M
Learn more about SYG stock on TipRanks’ Stock Analysis page.