An announcement from Greenridge Exploration Inc ( (TSE:GXP) ) is now available.
Greenridge Exploration Inc. has successfully completed a debt settlement by issuing 250,000 common shares at $0.97 each to settle a total debt of $241,578.75. This strategic move enhances the company’s financial positioning without affecting its liquidity, allowing it to maintain focus on its expansive portfolio of mineral exploration projects in Canada, potentially benefiting stakeholders with future resource discoveries.
More about Greenridge Exploration Inc
Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada. With interests in 28 projects covering approximately 388,040 hectares, the company is poised for potential uranium, lithium, nickel, copper, and gold discoveries. Notably, Greenridge boasts one of the largest uranium property portfolios in Canada, comprising 15 projects over 212,845 hectares, alongside other strategic metals projects.
YTD Price Performance: -19.57%
Average Trading Volume: 132,241
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$38.13M
Learn more about GXP stock on TipRanks’ Stock Analysis page.