Resource News

Alabama Graphite Announces Shares for Debt

Resource Investing News

Alabama Graphite Corp. (CNSX:ALP,US:ABGPF) announced that certain creditors have agreed to accept shares as payment for past services rendered, for a total of approximately $68,690.

Alabama Graphite Corp. (TSXV:ALP,US:ABGPF) announced that certain creditors have agreed to accept shares as payment for past services rendered, for a total of approximately $68,690.

As quoted in the press release:

… subject to regulatory approval, certain creditors have agreed to accept shares in the Company for past consulting and other services provided to the Company totaling approximately $68,690, by the issuance of a total of 528,385 common shares of the Company at a deemed value of $0.13 per share.

Click here to read the Alabama Graphite Corp. (CNSX:ALP,US:ABGPF) press release
Click here to see the Alabama Graphite Corp. (CNSX:ALP,US:ABGPF) profile.

MARKETS

Markets
TSX19814.51+307.67
TSXV581.89+10.77
DOW33630.61+700.53
S&P 5003895.08+86.98
NASD10569.29+264.05
ASX7109.60+46.00

COMMODITIES

Commodities
Gold1866.12+0.23
Silver23.84+0.01
Copper3.92+0.10
Palladium1713.17+7.94
Platinum1087.26+4.75
Oil73.73+0.06
Heating Oil3.01+0.04
Natural Gas3.76+0.04

DOWNLOAD FREE REPORTS

×