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The latest update is out from KeyStar Corp (KEYR).
KeyStar Corp. announced the resignation of Mr. John Linss from multiple executive roles and his departure terms, involving the future purchase of his shares for $2 million. The company has already paid $300,000 and will settle the remaining amount through a promissory note. This note, initially requiring large payments at 12 and 24 months, was amended for monthly installments starting April 2024, with full repayment by April 2026 or earlier upon certain corporate events. This financial maneuvering reflects a significant shift in the company’s leadership and capital structure, likely to catch the eye of market watchers.
For detailed information about KEYR stock, go to TipRanks’ Stock Analysis page.
