Alma Gold Settles Debt and Gains Major Shareholder
Company Announcements

Alma Gold Settles Debt and Gains Major Shareholder

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

Alma Gold Inc., a gold exploration company, has successfully completed the issuance of over 4 million Common shares to settle a $404,997.17 debt, including payments to management and contractors. The shares are subject to a statutory hold period expiring on August 4, 2024. In the process, Touba Mining SARL has become a significant shareholder, now holding nearly 20% of Alma Gold’s common shares.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAlma Gold Inc. Resolves Debt Through Equity Issuance
TipRanks Canadian Auto-Generated NewsdeskAlma Gold Boosts Capital and Settles Debts
TipRanks Canadian Auto-Generated NewsdeskAlma Gold Seeks Funding with Private Placement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!