Vena issues shares to settle debt and provides board update
(firmenpresse) - Vena issues shares to settle debt and provides board update
Vena Resources Inc. has entered into debt settlement agreements to settle trade payables for the aggregate settlement amount of $150,350.62 through the issuance of an aggregate of 1,642,651 common shares in the capital of the company at an average price of 9.2 cents per common share. Included in these debt settlements are 189,994 common shares issuable to insiders of the company. The common shares issued will be subject to a four-month-and-a-day hold period from the date of issuance in accordance with applicable securities laws. The transactions contemplated under the debt settlement agreements are subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including that of the Toronto Stock Exchange.
The company would also like to extend its gratitude for the contribution made to Vena by Klaus Zeitler, who recently resigned from the board of directors.
We seek Safe Harbor.
Leseranfragen:
Vena Resources Inc.
2700, 130 Adelaide Street West
Toronto, Ontario, M5H 3P5, Canada
T: 416-364-7739
F: 416-364-5400
E: info(at)venaresources.com
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Datum: 23.08.2013 - 09:07 Uhr
Sprache: Deutsch
News-ID 290379
Anzahl Zeichen: 1050
contact information:
Town:
Wien
Kategorie:
Business News
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"Vena issues shares to settle debt and provides board update
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