Storm Exploration Inc (TSE:STRM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Storm Exploration Inc. has successfully completed a Shares for Debt transaction, issuing 4.2 million common shares to clear $210,000 of its debt with certain creditors, which includes an insider portion exempt from certain regulatory requirements. These shares are subject to a four-month hold period post-issuance. Storm is a Canadian mineral exploration firm, advancing five major projects across the country.
For further insights into TSE:STRM stock, check out TipRanks’ Stock Analysis page.