PNG GOLD CORPORATION ("PGK") BULLETIN TYPE: Shares for Debt BULLETIN DATE: April 10, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,032,797 shares to settle outstanding debt for $345,576.
Number of Creditors: 8 Creditors
Insider / Pro Group Participation: Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares John Detmold Y $150,000 $0.17 882,353 Larry Van Hatten Y $34,997 $0.17 205,864 Paul DiPasquale Y $26,250 $0.17 154,411 Brian Nethery Y $26,250 $0.17 154,411 Greg Clarkes Y $30,629 $0.17 180,170 Brandy Creek Investments Ltd. (George Davidson) Y $50,400 $0.17 296,470
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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