TomaGold Announces Debt Settlement with Equity (TSXV:LOT:CA)

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  • Thomas Gold (TSXV:Lot: ca) Announce The Company settled a total of $541,000 of its outstanding debt by issuing a total of 27,069,047 common shares to its creditors at a notional price of $0.02 per share.
  • The company plans to complete a second tranche of private placement of up to 9.4 million shares at $0.025 and up to 25 million shares at $0.02, for gross proceeds of up to $735,000.



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