An update from Flow Metals Corp ( (TSE:FWM) ) is now available.
Flow Metals Corp has announced the closing of a shares-for-debt transaction related to its Sixtymile Property in Yukon. The company issued 499,998 common shares at a price of $0.06 per share to settle an annual royalty payment of $30,000. This move is part of Flow Metals’ strategic efforts to manage its financial obligations while focusing on its exploration projects, which include the Sixtymile Property known for its historical gold production and the New Brenda project in British Columbia.
More about Flow Metals Corp
Flow Metals is a mining exploration company focused on advancing two 100% owned road access projects in established mining districts of British Columbia and Yukon.
Average Trading Volume: 18,422
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$772.3K
See more data about FWM stock on TipRanks’ Stock Analysis page.