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Western Metallica Resources Corp. ( (TSE:WMS) ) has issued an update.
Western Metallica Resources Corp. has announced a debt settlement agreement with Gestión de Consensos Socioambientales S.A.C., involving the issuance of 180,000 common shares and a cash payment to settle approximately USD $13,648.47 in outstanding debt. This transaction, deemed beneficial by the company’s Board of Directors, is pending customary closing conditions, including TSX Venture Exchange approval, and aims to strengthen the company’s financial position.
More about Western Metallica Resources Corp.
Western Metallica Resources Corp. is a mineral resource exploration company based in Toronto, Ontario, and listed on the TSX Venture Exchange under the symbol WMS. The company owns the Nueva Celti Copper Property in Andalusia, Spain, and has interests in three gold projects located in the Navelgas Gold Belt in Asturias, Spain.
Average Trading Volume: 37,344
Technical Sentiment Signal: Hold
Current Market Cap: C$577.9K
See more data about WMS stock on TipRanks’ Stock Analysis page.