Proactive Investors - Run By Investors For Investors

Orsu Metals issues shares to settle debt by insider

The 168,282 shares will be issued at $16.5 cents per share
metal rolls
Orsu Metals Corp issues shares to settle debt

The TSX Venture Exchange has accepted for filing the proposal by Orsu Metals Corp (TSX-V:OSU) to issue 168,282 shares to settle an outstanding debt of $27,768.18.

The debt is by insider Sergei Stefanovich, the statement said. The 168,282 shares will be issued at $0.165 per share. The shares closed on Thursday at $0.19, off 2.56% on the day.

READ: Orsu Metals completes 2018 exploration at exciting Sergeevskoe gold project in Russia

The company will issue a news release when the shares are issued and the debt extinguished.

Reporting by Rene Pastor, contactable on [email protected]


View full OSU profile View Profile

Orsu Metals Corp Timeline

Related Articles

May 09 2019
Landore has made rapid progress with the BAM project
March 14 2019
Caledonia is taking a short-term hit, but there are grounds for cautious optimism longer-term
Drill rig
November 20 2018
The gold exploration and development company is focused on Mali and Ghana in West Africa
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use