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BGX Strengthens Balance Sheet with Share Settlement

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

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Black Gold Exploration Corp. has successfully completed its Shares for Debt Transaction, issuing 16,987 common shares to settle CA$67,948 of its debts and strengthen the company’s financial standing. This strategic move involves no creation of a new control person and complies with regulatory exemptions, ensuring the company’s continued focus on oil and gas project development without additional financial burdens.

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

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