Big North Graphite Settles Debt with Shares

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Big North Graphite Corp. (TSXV:NRT) announced its intention to settle a total of $71,000 of debt with an arm’s length party, for services rendered pursuant to a consulting agreement dated effective December 1, 2011.

Big North Graphite Corp. (TSXV:NRT) announced its intention to settle a total of $71,000 of debt with an arm’s length party, for services rendered pursuant to a consulting agreement dated effective December 1, 2011.

As quoted in the press release:

The Company will settle the Debt by issuing 1,092,307 common shares of the Company at a deemed price of $0.065 per common share.

Click here to read the Big North Graphite Corp. (TSXV:NRT) press release
Click here to see the Big North Graphite Corp. (TSXV:NRT) profile.

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