GoldON Resources Settles Debt
28.04.2014 | FSCwire
Victoria, British Columbia CANADA, April 28, 2014 /FSC/ - GoldON Resources Ltd. (GLD - TSX Venture), announces that it has negotiated a shares-for-debt settlement with five creditors. The Company will, subject to regulatory acceptance, issue 1,435,985 common shares at a deemed price of $0.05 per share in settlement of $71,799.25 of debt. The issued shares are subject to a four-month hold period. About GoldON Resources Ltd.
GoldON Resources Ltd. is an exploration company geographically focused on two of the prolific gold mining belts of Ontario, Canada. Its properties include the Slate Falls and Pickle Lake gold properties in northwestern Ontario and the Swayze Gold Property adjoining IAMGOLD's multi-million ounce Cote Gold Project in the Swayze Greenstone Belt. For more information, visit www.goldonresources.com
ON BEHALF OF THE BOARD
Signed "Michael Romanik"
Michael Romanik, President
Direct line: (204) 724-0613
Email: info@goldonresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the press release as a PDF, please click on the following link:
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Source: GoldON Resources Ltd. (TSX-V: GLD) http://www.goldonresources.com
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