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MegaWatt Lithium and Battery Metals ( (TSE:MEGA) ) has issued an announcement.
MegaWatt Lithium and Battery Metals Corp. has announced a debt settlement agreement with a creditor, which involves issuing 766,667 common shares at $0.015 per share to settle a debt of $11,500 for market making services. This move is subject to necessary approvals and includes a statutory hold period on the shares, reflecting MegaWatt’s strategic financial management and commitment to maintaining operational stability while navigating the mineral exploration industry.
More about MegaWatt Lithium and Battery Metals
MegaWatt Lithium and Battery Metals Corp. is a British Columbia-based company focused on the acquisition and exploration of mineral properties. The company has interests in several properties including the Benedict Mountains Uranium Property in Labrador, the Cobalt Hill Property in British Columbia, the Tyr Silver Project, and the Route 381 Lithium Property in Quebec, targeting a diverse range of minerals such as uranium, cobalt, silver, and lithium.
YTD Price Performance: 20.0%
Average Trading Volume: 20,898
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $385.4K
For a thorough assessment of MEGA stock, go to TipRanks’ Stock Analysis page.
