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Tajiri Resources ( (TSE:TAJ) ) just unveiled an announcement.
Tajiri Resources Corp. has announced a shares for debt transaction, issuing over 4 million common shares to officers and a service provider to cancel $201,532 in outstanding debt. This transaction, which involves related parties, will proceed under certain exemptions from regulatory requirements and awaits approval from the TSX Venture Exchange. Additionally, Tajiri is progressing with the acquisition of the Yono Gold Property, although the transaction has not yet closed. This related party transaction will also proceed under regulatory exemptions, with the company working to meet all necessary TSXV conditions.
More about Tajiri Resources
Tajiri Resources Corp. operates within the mining industry, focusing on resource exploration and development. The company is engaged in acquiring and exploring gold properties, with a market focus on advancing its projects to increase shareholder value.
YTD Price Performance: 33.33%
Average Trading Volume: 74,468
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$9.25M
See more data about TAJ stock on TipRanks’ Stock Analysis page.
