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.

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