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SFT Softrock Minerals Ltd

0.045
0.00 (0.00%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Softrock Minerals Ltd TSXV:SFT 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% 0.045 0.03 0.045 0 00:00:00

Softrock Minerals Ltd. to Issue Shares in Satisfaction of Debt

11/06/2020 6:36pm

GlobeNewswire Inc.


Softrock Minerals (TSXV:SFT)
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From Jan 2020 to Jan 2025

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Softrock Minerals Ltd. (TSXV: SFT) ("Softrock" or the "Company") announces that subject to the approval of the TSX Venture Exchange, it intends to issue 5,000,000 common shares to certain of its directors and officers and a spouse of a director at a deemed price of $0.01 per share in satisfaction of $50,000 owed to such persons pursuant to debentures of the Company that are due to mature on June 15, 2020.  Softrock believes that repaying the debt with common shares rather than cash will assist it in maintaining its capital resources and liquidity.

FOR FURTHER INFORMATION, PLEASE CONTACT: T.M.M. (Mac) Bender, Chief Financial Officer Softrock Minerals Ltd. 403-266-2605 softrockminerals@shaw.ca

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