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Home Market Research Business

Alaska Energy Metals settles $95K in insider debt with share issuance (OTCQB:AKEMF)

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 1 min read
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Alaska Energy Metals settles K in insider debt with share issuance (OTCQB:AKEMF)
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Alaska Energy Metals (TSXV:AEMC:CA) (OTCQB:AKEMF) has entered into debt settlement agreements with certain company insiders.
The settlement covers $95,200 in debt owed for services rendered.
The company will issue 952,000 common shares at a deemed price of $0.10 per share.
The issuance fully satisfies the debt without any cash payment.
Source: Press release

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