Victory Resources ( (TSE:CRIT) ) just unveiled an update.
Supreme Critical Metals Inc. has announced debt settlement agreements with third parties, resulting in the issuance of 7,473,920 common shares at $0.10 per share, totaling $747,392. This move includes related party transactions involving 1,548,000 shares issued to four directors and officers. The settlement is subject to a four-month restricted hold and exchange approval, and it leverages exemptions due to the fair market value of the shares being less than 25% of the company’s market capitalization.
More about Victory Resources
Supreme Critical Metals Inc. is a publicly traded diversified investment corporation focused on exploring and investigating opportunities in lithium, copper, silver, and precious metals. The company prioritizes regions conducive to mining, supported by favorable government regulations and existing infrastructure.
YTD Price Performance: -12.50%
Average Trading Volume: 17,709
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$629.2K
Learn more about CRIT stock on TipRanks’ Stock Analysis page.
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