Vancouver, October 18, 2018 - Plata Latina Minerals Corporation (TSXV: PLA) ("Plata Latina" or the "Company") announced that the Company has agreed to settle indebtedness of C$201,250 owing to its directors for accrued directors' fees from 2015 to present, and indebtedness of C$30,000 owing to its former CFO for a portion of the indebtedness owing to her as accrued management fees.
The Company has agreed to settle the aforementioned debt by issuing 4,025,000 common shares with respect to the accrued directors fees owing to W. Durand Eppler, Robert Blakestad, Letitia Wong and Margaret Brodie, and 600,000 common shares for the accrued management fees owing to Margaret Brodie. All of the shares will be issued at a deemed price of C$0.05 per share.
The above-described debt settlement is subject to acceptance for filing by the TSX Venture Exchange. All of the common shares to be issued in connection with the settlement will be subject to a four-month hold.
About Plata Latina Minerals
Plata Latina Minerals is a Canadian exploration company with a portfolio of four silver-gold properties situated in the prolific Mexican Silver Belt focused on discovering new silver-gold vein districts. Plata Latina's expertise in the ore horizon concept and extensive experience in Mexico provides a competitive edge for discovery of new districts between old historic deposits. Its highly experienced management team and board are focused on developing its portfolio of high-potential targets and exploring additional value-creation opportunities.
For more information, please contact:
W. Durand Eppler Interim President & CEO Telephone: +1 800 933 9925 Email: info@plminerals.com
Neither 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!
