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    market news

    Pure Nickel to Settle Debt with Shares

    Olivia Da Silva
    Jul. 04, 2019 12:16PM PST
    Base Metals Investing

    Pure Nickel has opted to settle a debt of just under $75,000 by issuing over 1.49 million common shares at a price of $0.05 per share.

    Pure Nickel (TSXV:NIC,OTC Pink:PNCKF) has opted to settle a debt of just under $75,000 by issuing over 1.49 million common shares at a price of $0.05 per share.

    According to Pure Nickel, the transaction is taking place to conserve working capital. Additionally, the shares issued through this settlement will be subject to a four-month hold period that begins the day they are issued.

    Click here to read the full press release from Pure Nickel.

    pure nickelmarket newstsxv:nic
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