P2 Gold (TSE:PGLD) has released an update.
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P2 Gold Inc. has fulfilled its obligation to pay interest on its convertible debentures by issuing common shares to the debenture holders, with the approval of the TSX Venture Exchange pending. A total of 467,605 shares will be distributed for the interest due, with no fractional shares being issued, and the transaction is classified as a related party transaction due to a director and officer being a holder.
For further insights into TSE:PGLD stock, check out TipRanks’ Stock Analysis page.
