Vancouver - PPX Mining Corp. (the "Company"), is pleased to announce that the Company has entered into debt settlement agreements with certain creditors, two of which are a director and/or an officer of the Company (the "Creditors"). In consideration for settlement of a total combined debt of $366,943.79 owing to the Creditors by the Company, the Company will issue to the Creditors a total of 3,494,703 common shares of the Company at a deemed price of $0.105 per share.
The transaction is subject to the approval of the TSX Venture Exchange.
On behalf of the Board of Directors
Brian J. Maher President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
PPX Mining Corp. Kimberly Ann Arntson, Chief Financial Officer and Vice President - Corporate Development Phone: 1-530-414-4400 Email: kimberly.ann@ppxmining.com Website: www.ppxmining.com
Cautionary Statement: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
Vancouver - PPX Mining Corp. (the "Company"), is pleased to announce that the Company has entered into debt settlement agreements with certain creditors, two of which are a director and/or an officer of the Company (the "Creditors"). In consideration for settlement of a total combined debt of $366,943.79 owing to the Creditors by the Company, the Company will issue to the Creditors a total of 3,494,703 common shares of the Company at a deemed price of $0.105 per share.
