Shares for Debt

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

(TheNewswire)



Vancouver, B.C. - TheNewswire - April 2nd, 2020iMetal Resources Inc.  (TSXV:IMR) (the “Company”) announces the following corporate updates:

Debt Settlement

 

The Company is pleased to announce it has entered into agreements to settle most of its existing debt for common shares in the Company.  The debt will be settled by way of the issuance of 1,565,017 common shares at a deemed price of $0.05 per share for aggregate amount of $78,250.85 (“Debt Settlement”).

        

Any implementation of the proposed Debt Settlement will be subject to TSX Venture Exchange approval.

ON BEHALF OF THE BOARD OF DIRECTORS,

 

“Johan Grandin”

President & CEO, iMetal Resources, Inc.

[email protected]

Tel. (604)-739-9713

510-580Hornby St., Vancouver, BC, V6C 3B6 / https://imetalresources.ca

  

iMetal Resources Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. iMetal is focused on advancing its Gowganda West Project in Ontario, Canada. iMetal trades on the TSX Venture Exchange under the ticker symbol IMR. For further information, please call 604- 739-9713 or visit iMetal’s website at www.imetalresources.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2020 TheNewswire - All rights reserved.