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BGX Corp Announces Incentives and Debt Settlement

BGX – Black Gold Exploration Corp. (TSE:BGX) has released an update.

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BGX – Black Gold Exploration Corp. has recently issued incentives to its directors, officers, and consultants, consisting of options to purchase common shares and performance share units, all subject to a four-month hold period. The company will also seek shareholder approval for its equity incentive plan at the upcoming annual general meeting. Additionally, to strengthen its financial position, the company has settled outstanding debts by issuing shares to creditors, pending acceptance by the Canadian Securities Exchange.

For further insights into TSE:BGX stock, check out TipRanks’ Stock Analysis page.

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