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Colossus Resources Completes Financing and Debt Settlement

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Colossus Resources Completes Financing and Debt Settlement

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Colossus Resources Corp. ( (TSE:CLUS) ) just unveiled an update.

Colossus Resources Corp. has successfully closed a non-brokered private placement financing and a debt settlement, raising CDN$90,000 for general working capital. The company issued 1,800,000 units of securities and settled CDN$204,382.50 of debt through the issuance of common shares. These transactions involved related parties and were conducted under exemptions from certain regulatory requirements. Additionally, the company announced the resignation of Geoff Hampson as a director.

More about Colossus Resources Corp.

Colossus Resources Corp. is a junior mineral exploration company focused on enhancing shareholder value through the acquisition, discovery, and advancement of high-quality copper-gold projects.

Average Trading Volume: 9,415

Technical Sentiment Signal: Sell

For an in-depth examination of CLUS stock, go to TipRanks’ Overview page.

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