Mountain Lake Completes Shares for Debt Settlement
28.10.2013 | FSCwire
Halifax, Nova Scotia CANADA, October 28, 2013 /FSC/ - Mountain Lake Minerals Inc. (MLK - CNSX),("Mountain Lake" or the "Company"), announces that it has settled an aggregate of $91,805.49 of indebtedness owed to certain arm's length and non-arm's length creditors through the issuance of 2,623,014 common shares at a deemed issuance price of Cdn.$0.035 per common share. About Mountain Lake Minerals Inc.
Mountain Lake is a Canadian based company, whose corporate strategy is to build shareholder value through the exploration and development of mineral properties. The Company's current projects are all located in Atlantic Canada and include: a 100% interest in the Glover Island gold property; a 100% interest in the Little River gold-antimony property; a 25% interest in the Bobby's Pond base metals property; and a 100% interest in the Goodwin Lake base metals property, in which a 70% interest is optioned to Votorantim Metals Canada Inc. For more information visit: www.mountain-lake.com.
For corporate, media, or investor inquiries, please contact:
Greg Lytle, Communications Manager
Mountain Lake Minerals Inc.
Phone: (604) 839-6946
Email: info@mountain-lake.com
ON BEHALF OF THE BOARD OF DIRECTORS
s/"Paul Smith"
President & CEO
To view the press release as a PDF file, please click on the following link:
http://www.usetdas.com/pr/mountain10282013.pdf
Source: Mountain Lake Minerals Inc.
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