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TinOne Resources to Settle CA$172,137 in Debt With Share Issuance

TinOne Resources to Settle CA$172,137 in Debt With Share Issuance

MT newswireMT newswire2026/10/28 19:47
03:47 PM EDT, 10/28/2026 (MT Newswires) -- TinOne Resources (TORC.V) said Wednesday it entered into agreements to settle about CA$172,137 in outstanding debt owed to independent creditors by issuing 1.23-million shares at CA$0.14 per share. The debt settlement is subject to regulatory and TSX Venture Exchange approval, the company said, adding that the shares issued will be subject to a four-month-and-one-day hold period from the date of issuance. The company's shares last traded Oct.22, closing at CA$0.14 on the TSX Venture Exchange.
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