MTN

0.00

0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
	TSXV:MTN	TSX Venture	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0	-

Martina Minerals Corp. Announces TSXV Approval of Proposed Debt Settlement Transaction

02/03/2012 6:01pm

Marketwired Canada

Further to its press release of February 16, 2012, Martina Minerals Corp. (the
"Company") (TSX VENTURE:MTN) is pleased to announce that the TSX Venture
Exchange has approved the terms of a shares-for-debt transaction involving
certain of the Company's third party creditors.  


Martina has agreed to issue a total of 3,266,666 shares and 2,666,666 warrants
in settlement of an aggregate of $254,370 of outstanding debt owing in respect
of legal, book-keeping and administrative services rendered to the Company. Each
warrant will be exercisable into one common share for a period of 24 months from
the date of issue at an exercise price of $0.10. All securities will be subject
to a statutory four-month hold period.  


The debt settlement will enable the Company to invest more of its available cash
resources in mineral exploration and development initiatives in the Philippines.