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Troubadour Resources ( (TSE:TR) ) has issued an announcement.
Troubadour Resources Inc. announced revised terms for its shares-for-debt arrangements, initially proposed in August 2024. The company will now satisfy $185,722 of outstanding debt by issuing up to 1,547,680 common shares at a revised price of $0.12 per share, reflecting a decrease in share price and previous cash payments. This transaction is pending TSX Venture Exchange approval and involves a statutory hold period for the issued shares.
More about Troubadour Resources
Troubadour Resources Inc. is a North American mineral acquisition and exploration company focusing on developing quality critical mineral and precious metal properties that are drill-ready with high-upside and expansion potential. The company is based in Vancouver, BC, and trades on the TSX Venture Exchange under the symbol TR and the OTCQB Venture Market under the symbol TROUF.
YTD Price Performance: -34.38%
Average Trading Volume: 15,613
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.64M
See more data about TR stock on TipRanks’ Stock Analysis page.
