Alma Gold Inc. Strikes Deal to Settle Debts

Alma Gold, Inc. (TSE:ALMA) has released an update.

Alma Gold Inc. has announced an agreement to issue over 4 million common shares to settle outstanding debts of nearly $405,000, which will be finalized around April 2, 2024. The shares will be subject to a statutory hold period as per securities laws. The company, involved in gold exploration projects in Guinea and Canada, aims to address its financial obligations and streamline its operations through this strategic debt settlement.

For further insights into TSE:ALMA stock, check out TipRanks’ Stock Analysis page.