Martina Announces Debt Conversion
08 Febrero 2021 - 9:17PM
Martina Minerals Corp. (the “Corporation”) (NEX: MTN.H) is pleased
to that it has negotiated various debt conversion agreements
(collectively, the “Debt Agreements”) with five (5) creditors
(collectively, the “Creditors”).
Pursuant to the terms of the Debt Agreements,
the Corporation has agreed to issue an aggregate of 4,500,000
common shares (“Debt Shares”) to the Creditors in exchange for the
cancellation of $225,000 in debt owing to the parties. The Debt
Shares are being issued at a deemed price of $0.05.
The issuance of the Debt Shares are subject to
the approval of NEX. All securities issued pursuant to the debt
conversion are subject to a statutory four (4) month hold
period.
Corporation contact:
Herbert M. Brugh President and Director
Tel: 416.945.6628
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Martina Minerals (TSXV:MTN.H)
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