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Stellar AfricaGold Clears Debt with Share Issuance

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Stellar AfricaGold Clears Debt with Share Issuance

Stellar AfricaGold (TSE:SPX) has released an update.

Stellar AfricaGold Inc., a Canadian exploration company, has successfully completed a debt settlement by issuing over 2.7 million common shares to clear $135,600 of debt with two creditors. A further settlement involving the issuance of additional shares to a non-arms length creditor is pending disinterested shareholder approval. The transactions are part of Stellar’s focus on managing its finances while advancing precious metal exploration projects in Côte d’Ivoire and Morocco.

For further insights into TSE:SPX stock, check out TipRanks’ Stock Analysis page.

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