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Western Metallica Halts Debt Settlement Plans

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Western Metallica Halts Debt Settlement Plans

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Western Metallica Resources Corp. ( (TSE:WMS) ) just unveiled an update.

Western Metallica Resources Corp. has announced the termination of previously planned debt settlement agreements, which leaves the company still indebted to its CEO, Greg Duras, for a CAD$300,000 bridge loan. This decision may impact the company’s financial strategy and its ability to manage existing debts, potentially affecting its operations and stakeholder interests.

More about Western Metallica Resources Corp.

Western Metallica Resources Corp. is a mineral resource exploration company based in Toronto, Ontario. It is 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 in the Navelgas Gold Belt in Asturias, Spain.

Average Trading Volume: 142,951

Technical Sentiment Signal: Sell

Current Market Cap: C$743.1K

See more data about WMS stock on TipRanks’ Stock Analysis page.

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