Flow Metals Corp. Settles Debt with Equity

Flow Metals Corp (TSE:FWM) has released an update.

Flow Metals Corp. has completed a shares for debt transaction, issuing nearly 600,000 common shares to settle a $30,000 annual royalty payment for the Sixtymile Property and $15,000 in fees owed to insiders from exploration work at the New Brenda Property. The issued shares are subject to a four-month hold period, highlighting the company’s continued investment in their British Columbia and Yukon mining projects. This strategic move aligns with the company’s focus on advancing their 100% owned mining explorations in established districts.

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