Medaro Mining to Settle Debt with Shares

Medaro Mining (TSE:MEDA) has released an update.

Medaro Mining Corp. is set to improve its financial position by issuing 501,582 common shares to settle $87,777 of debt, a move aimed at preserving cash and reducing indebtedness. This transaction, which requires approval from the Canadian Securities Exchange, does not involve any new control persons or insiders.

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