Baru Gold (TSE:BARU) has released an update.
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Baru Gold Corp has announced a debt settlement agreement involving the issuance of over 10 million common shares to director Shidan Murphy, valued at $0.015 each, in exchange for cash advances totaling $163,526.17. This transaction is pending approval from the TSX Venture Exchange and will be subject to a four-month hold period.
For further insights into TSE:BARU stock, check out TipRanks’ Stock Analysis page.