DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE: Shares for Debt, Shares for Services
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,720,000 shares to settle outstanding debt for $86,000.
Number of Creditors: 3 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Stevenston Finance Inc.
(Marcy Kiesman) Y $60,000 $0.05 1,200,000
Kaizen Consulting Ltd.
(Veronica Liu) Y $19,000 $0.05 380,000
Thea Koshman Y $7,000 $0.05 140,000
Shares for Services
TSX Venture Exchange has accepted for filing the Company's proposal to issue 282,500 shares at a deemed price of $0.05, in consideration of certain services provided to the company pursuant to an agreement dated September 4, 2015.
The Company shall issue a news release when the shares are issued and the debt extinguished.
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