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Goldhills Holding Settles Debt with Equity Issuance

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Goldhills Holding Settles Debt with Equity Issuance

Goldhills Holding (TSE:GHL) has released an update.

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Goldhills Holding Ltd. has successfully completed a debt settlement by issuing over 1.5 million common shares to settle an outstanding debt of $95,000. This transaction involved related parties and is compliant with regulatory exemptions for minority shareholder protection. Key stakeholder Sergei Stetsenko has increased his investment in the company, which now represents a significant portion of the company’s issued shares.

For further insights into TSE:GHL stock, check out TipRanks’ Stock Analysis page.

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