Elevation Gold Fulfills Debenture Interest with Shares

Elevation Gold Mining Corporation (TSE:ELVT) has released an update.

Elevation Gold Mining Corporation has fulfilled its interest payment obligation on its convertible debentures by issuing approximately 1.97 million common shares, in lieu of cash, to debenture holders. The payment, equating to 29.33 shares per $100 of principal, is subject to approval from the Exchange. Elevation Gold is involved in gold and silver production, with its main operations at the Moss Mine in Arizona and the Hercules property in Nevada.

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