Canada Strategic Metals Inc.: Debt Settlement
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 07/31/13 -- Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE: CJC) (FRANKFURT: YXEN) (OTCBB: CJCFF) announced that they will settle $489,610 in outstanding indebtedness through the issuance to a series of creditors of an aggregate of 9,792,201 common shares at a price of $ 0.05 per share (the "Debt Settlement"). Of this amount, a total of $77,500 represents indebtedness owed to a Director and to a service provider of the Company in which a Director and Officer of the Company is an officer and shareholder. The shares issued under the Debt Settlement are subject to a hold period of four months and one day from the date of issuance.
About Canada Strategic Metals
Canada Strategic Metals is an emerging growth company focused on the exploration and development of its large portfolio of graphite projects covering over 60,000 hectares throughout Quebec. With management experience in green technology, and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising portfolio for our shareholders.
For more information on the Company, please visit .
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) responsibility for the adequacy or accuracy of this release.
Contacts:
Jean-Sebastien Lavallee, P. Geo
President & Chief Executive Officer
819-354-5146
Paradox Public Relations
514-341-0408
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 31.07.2013 - 13:00 Uhr
Sprache: Deutsch
News-ID 283412
Anzahl Zeichen: 0
contact information:
Town:
MONTREAL, QUEBEC
Kategorie:
Mining & Metals
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