The latest announcement is out from Gold State Resources Inc. ( (TSE:IMM) ).
International Metals Mining Corp. has completed a shares-for-debt transaction to settle $518,238.36 in debt with both arm’s-length and non-arm’s-length creditors. This transaction involved issuing units and shares to creditors, including company insiders, under specific exemptions from formal valuation and minority shareholder approval requirements. The securities issued are subject to a statutory hold period until July 27, 2025.
More about Gold State Resources Inc.
International Metals Mining Corp. is a Canadian company engaged in the acquisition, exploration, and development of mineral properties, focusing on battery metals and mineral assets. The company is particularly focused on its 100% owned copper-gold porphyry property in Peru.
YTD Price Performance: 35.00%
Average Trading Volume: 14,082
Technical Sentiment Signal: Buy
Current Market Cap: C$759.4K
Learn more about IMM stock on TipRanks’ Stock Analysis page.