VANCOUVER, June 29, 2016 /CNW/ -
Resource Capital Gold Corp., TSXV: RCG ("RCG" or the "Company") announces today that it has entered into an agreement to settle CAD$383,750 of debt with ACT2 Pty Ltd. ("ACT2"), the Company's largest shareholder. Pursuant to the agreement, the Company will issue ACT2 7,675,000 common shares at a deemed price of $0.05 per share. After this transaction, ACT2 will own and control
[...]