1844 Resources Inc ( (TSE:EFF) ) has shared an update.
1844 Resources Inc. has entered into agreements to settle debts totaling $355,296.75 through the issuance of 5,815,935 common shares at a price of $0.05 per share. The company has also postponed additional debt of $281,752.57 for a period of six to twelve months. These actions are subject to necessary corporate and regulatory approvals, including from the TSX Venture Exchange, and are part of the company’s efforts to manage its financial obligations and improve its operational stability.
More about 1844 Resources Inc
1844 Resources Inc. is an exploration company focused on strategic and energetic metals, operating in underexplored regions such as Gaspé and Nunavik, Québec. The company aims to create shareholder value through the discovery of new deposits, supported by a dedicated management team.
YTD Price Performance: -33.33%
Average Trading Volume: 58,213
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.76M
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