Sign up Australia
Proactive Investors - Run By Investors For Investors

Orsu Metals issues shares to settle debt by insider

The 168,282 shares will be issued at $16.5 cents per share
metal rolls
Orsu Metals Corp issues shares to settle debt

The TSX Venture Exchange has accepted for filing the proposal by Orsu Metals Corp (TSX-V:OSU) to issue 168,282 shares to settle an outstanding debt of $27,768.18.

The debt is by insider Sergei Stefanovich, the statement said. The 168,282 shares will be issued at $0.165 per share. The shares closed on Thursday at $0.19, off 2.56% on the day.

READ: Orsu Metals completes 2018 exploration at exciting Sergeevskoe gold project in Russia

The company will issue a news release when the shares are issued and the debt extinguished.

Reporting by Rene Pastor, contactable on [email protected]


View full OSU profile View Profile

Orsu Metals Corp Timeline

Related Articles

November 01 2018
The growth profile for Endeavour Mining has never looked better
October 12 2018
Viscount Mining is sitting on two highly prospective gold projects in the USA
Otis Gold makes leap at Kilgore with improved indicated resource as CEO upbeat about size of project
August 22 2018
Significantly, the higher confidence indicated resource has been lifted by 59% compared to a previous report six years ago.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use