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Colt Resources Inc. (TSXV:GTP) announced it will issue 1,069,718 shares and 179,550 share purchase warrants at a weighted average deemed price of $0.12 in order to settle an aggregate debt of $132,543.

Colt Resources Inc. (TSXV:GTP) announced it will issue 1,069,718 shares and 179,550 share purchase warrants, at a weighted average deemed price of $0.12, in order to settle an aggregate debt of $132,543, which is owed to various vendors and service providers.

As quoted in the press release:

Each share purchase warrant shall be exercisable at a price of $0.15 per share to acquire one common share of the Company for a period of 36 months from the closing date. Upon completion of the Transaction, Colt will have 196,240,939 common shares and 16,179,548 share purchase warrants issued and outstanding.

Click here to read the Colt Resources Inc. (TSXV:GTP) press release
Click here to see the Colt Resources Inc. (TSXV:GTP) profile.

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Gold1809.91-0.13
Silver19.89+0.03
Copper3.61-0.10
Palladium1965.07+9.98
Platinum891.26+2.98
Oil108.46+2.70
Heating Oil3.96+0.13
Natural Gas5.620.00

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