tiprankstipranks
Gold’n Futures Settles Debt with Equity
Company Announcements

Gold’n Futures Settles Debt with Equity

Gold’n Futures Mineral Corp. (TSE:FUTR) has released an update.

Gold’n Futures Mineral Corp. has reached a settlement to issue over 6 million shares in lieu of a $69,436 debt owed for various services, aiming to conserve cash for working capital. This strategic move allows the creditor to receive company shares at a deemed price of $0.011 each, while the company fortifies its financial position. Gold’n Futures is known for its mineral exploration initiatives, particularly its advanced gold projects in Canada.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGold’n Futures Clears Debt, Advances Gold Ventures
TipRanks Canadian Auto-Generated NewsdeskGold’n Futures Settles Debt to Preserve Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!