TomaGold Announces Debt Settlement with Shares (TSXV:LOT:CA)


  • TomaGold (TSXV:LOT: CA) announced that the corporation has settled a total of $541,000 of its outstanding debt by issuing to creditors a total of 27,069,047 shares of common stock at an estimated price of $0.02 per share.
  • The corporation plans to complete a second tranche of the private placement of up to 9.4 million shares at a price of $0.025 and up to 25 million shares at a price of $0.02, for a total gross profits of up to 735 thousand dollars.



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