Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Prismo Metals Announces Closing of Debt Settlement

by admin March 11, 2025
March 11, 2025
Prismo Metals Announces Closing of Debt Settlement

(TheNewswire)

Vancouver, British Columbia TheNewswire – March 10 2025 Prismo Metals Inc. (CSE:PRIZ, OTCQB: PMOMF) ( ‘ Prismo ‘ or the ‘ Company ‘ ) is pleased to announce that it has completed its previously announced debt settlement transactions with certain creditors of the Company (the ‘ Creditors ‘), pursuant to which the Company has issued to the Creditors an aggregate of 4,451,175 common shares of the Company (‘ Common Shares ‘) at issue prices ranging from $0.075 to $0.23 per Common Share in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of approximately $464,409 (the ‘ Debt Settlement ‘).

All Common Shares issued pursuant to the Debt Settlement will be subject to a statutory hold period of four months from the date of issuance.

None of the foregoing securities have been and will not be registered under the United States Securities Act of 1933, as amended (the ‘ 1933 Act ‘) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Prismo

Prismo (CSE: PRIZ) is mining exploration company focused on two precious metal projects in Mexico (Palos Verdes and Los Pavitos) and a copper project in Arizona (Hot Breccia).

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Steve Robertson, President steve.robertson@prismometals.com

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Additional Targets Identified from Gravity Geophysics at Wagyu Project, Pilbara WA
next post
Transform Your Investing Strategy: Uncover the 3 Game-Changing Rules

Related Posts

Notice of Annual General Meeting/Proxy Form

May 3, 2024

Ocumetics Announces Completion of First Tranche of Debenture...

May 24, 2024

pH7 Receives BC Government Funding for Critical Metals...

March 29, 2024

The Trader’s Flashlight in a Market Fog: What...

April 15, 2025

Grant of Highly Prospective Greenbushes Tenement in Western...

March 16, 2024

Completion of US$5M MIIF Subscription

January 27, 2024

Crypto Market Update: Q1 2024 in Review

April 20, 2024

Rio Silver (TSXV:RIO)

April 26, 2024

WESTERN COPPER AND GOLD RECEIVES ASSESSMENT GUIDELINES FOR...

September 14, 2023

Multiple New Multi-Commodity Targets

May 12, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • How I Triple My Returns With 3x Leveraged ETFs!

    • How to Find Compelling Charts in Every Sector

    • EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

    • Cygnus Metals Limited: Issue of Performance Rights

    • FPX Nickel Announces Share-Based Compensation Grant

    • Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia

    Categories

    • Business (1,287)
    • Investing (2,662)
    • Politics (3,699)
    • Stocks (1,711)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved