GRANITE CREEK GOLD LTD. ("GCX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 2, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,005,060 shares to settle outstanding debt for $100,253 at a deemed price of $0.05 per share.
Number of Creditors: 6 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Keon Kwan & Company (Keon Kwan)Y $5,250 $0.05 105,000
PJD Holdings Ltd. (Jennifer Nestoruk) Y $6,216 $0.05 124,320
Swiftcurrent Ventures Ltd. (Willis Osborne) Y $27,300 $0.05 546,000
Tim Johnson Y $42,587 $0.05 851,757
MVR Consulting Inc. (Mike Rowley) Y $6,300 $0.05 126,000
The Company shall issue a news release when the shares are issued and the debt extinguished.
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