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Prismo Metals Completes Debt Settlement with Creditors

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Prismo Metals Completes Debt Settlement with Creditors

The latest announcement is out from Prismo Metals Inc. ( (TSE:PRIZ) ).

Prismo Metals Inc. has successfully completed its debt settlement transactions with certain creditors by issuing 4,451,175 common shares at prices between $0.075 and $0.23 per share, settling approximately $464,409 of accrued and outstanding debt. This move is expected to improve the company’s financial position and potentially enhance its market standing by reducing its liabilities.

More about Prismo Metals Inc.

Prismo Metals Inc. is a mining exploration company focused on two precious metal projects in Mexico, namely Palos Verdes and Los Pavitos, and a copper project in Arizona called Hot Breccia.

YTD Price Performance: -45.83%

Average Trading Volume: 66,211

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.58M

Learn more about PRIZ stock on TipRanks’ Stock Analysis page.

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