Molten Metals Corp. (TSE:MOLT) has released an update.
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Molten Metals Corp. plans to settle a $159,400 debt by issuing 419,474 common shares, aiming to enhance its financial standing and preserve working capital. The settlement involves creditors who are company consultants, and the transaction is subject to regulatory approvals and a four-month hold period for the securities issued. This strategic move reflects the company’s efforts to manage liabilities and strengthen its balance sheet.
For further insights into TSE:MOLT stock, check out TipRanks’ Stock Analysis page.
