Gold Basin Resources Settles Debts with Shares

Glen Eagle Resources (TSE:GER) has released an update.

Gold Basin Resources Corporation has completed debt settlement agreements involving the issuance of over 2.4 million shares to clear approximately $120,826 owed to directors, aimed at conserving cash for working capital. Additionally, the company provided updates on the New Pass property transaction, including the release schedule for the shares involved, and announced a new consulting agreement with Phoenix Global Investments Pty Ltd for investor relations services.

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