Silver Storm Mines Debt with Equity Issue

Golden Tag Resources (TSE:SVRS) has released an update.

Silver Storm Mining Ltd. has announced a strategic move to settle a $286,760.95 debt with a legal service provider by issuing 972,200 common shares at $0.18 each, alongside a cash payment of $111,760.95. This decision, aimed at preserving the company’s cash reserves, is pending approval by the TSX Venture Exchange. Silver Storm, which owns significant silver projects in Mexico, sees this as an optimal step to support ongoing operations.

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