Valterra Settles Debt With Shares

Gold Investing

Subject to TSX Venture Exchange acceptance, Valterra Resource Corporation (TSXV:VQA,FWB:3VA) entered into a settlement agreement with a creditor to settle a debt of $40,000 by the issuance of 800,000 common shares at a price of $0.05 per share.

Subject to TSX Venture Exchange acceptance, Valterra Resource Corporation (TSXV:VQA,FWB:3VA) entered into a settlement agreement with a creditor to settle a debt of $40,000 by the issuance of 800,000 common shares at a price of $0.05 per share.

As quoted in the press release:

The securities that will be issued upon this debt settlement will be subject to a hold period of four months and one day from issuance.

Click here to read the Valterra Resource Corp. (TSXV:VQA,FWB:3VA) press release

See this press release on Marketwire
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