VANCOUVER, Aug. 19, 2016 /CNW/ -
Resource Capital Gold Corp., TSXV: RCG ("RCG" or the "Company") announces today that it has entered into agreements to settle CAD$1,070,623 of debt at a deemed price of $0.12 per share. Pursuant to these agreements, the Company will issue 6,755,192 shares to ACT2 Pty Ltd ("ACT2), to settle CAD$810,623 of debt; 1 million shares to Cove Street Pty Ltd ("Cove") to settle CAD$120,000 of
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