TSX VENTURE COMPANIES
ALLOYCORP MINING INC. ("AVT") BULLETIN TYPE: Shares for Debt BULLETIN DATE: January 13, 2016 TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 41,640,000 shares at $0.05 per share to settle outstanding debt for $2,082,000.00.
Number of Creditors: 2 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares
Resource Capital Fund IV L.P. Y $347,000.00 $0.05 6,940,000 Resource Capital Fund VI L.P. Y $347,000.00 $0.05 6,940,000 Resource Capital Fund VI L.P. Y $1,388,000.00 $0.05 27,760,000
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
|
|