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Fidelity announces shares for debt settlement (FMN:CA:TSXV)

by TheAdviserMagazine
3 hours ago
in Business
Reading Time: 1 min read
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Fidelity announces shares for debt settlement (FMN:CA:TSXV)
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Fidelity Minerals (TSXV:FMN:CA) announced on Friday it has agreed to issue an aggregate 3,361,344 common shares in the capital of the company at $0.13 to settle approximately $436,975 in debt owed to Lions Bay Capital.
Lions Bay is a major shareholder of the company and has provided continued support in the form of unsecured non-interest-bearing advances to support the company until it secured financing on October 7, 2025.
The shares for debt Settlement represents the total amount owed to Lions Bay.
Source: Press Release

More on Fidelity Minerals Corp.



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Tags: announcesdebtFidelityFMNCATSXVsettlementshares
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