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Pegmatite One Lithium and Gold Corp. Settles Outstanding Debt with Share Issuance

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Pegmatite One Lithium and Gold Corp. Settles Outstanding Debt with Share Issuance

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Madi Minerals Ltd. ( (TSE:PGA) ) has issued an update.

Pegmatite One Lithium and Gold Corp. has successfully settled its outstanding debt of $209,500 by issuing 2,464,708 common shares at a price of $0.085 per share. This strategic move, pending CSE approval, is expected to improve the company’s financial stability and enhance its position within the mining industry, potentially benefiting stakeholders by strengthening its operational capabilities.

More about Madi Minerals Ltd.

Pegmatite One Lithium and Gold Corp. operates in the mining industry, focusing on the extraction and production of lithium and gold, which are critical resources for various industrial applications and the growing renewable energy sector.

Average Trading Volume: 23,750

Technical Sentiment Signal: Sell

Current Market Cap: C$319.2K

Learn more about PGA stock on TipRanks’ Stock Analysis page.

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