RICHMOND, BC, Aug. 29, 2014 /CNW/ - Kirkland Precious Metals Corp. (the "Company" or "KPM") wishes to announce that its Board of Directors has approved to settle an aggregate of $131,460 of indebtedness owed to two affiliated companies,
Mineral Hill Industries Ltd. ("MHI") and
Nass Valley Gateway Ltd. ("NVG") for a total of 2,629,200 common shares of KPM ("KPM-Shares"), at a deemed issuance price of $0.05 CAD per
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