Martina Announces Debt Conversion
TORONTO, March 10, 2025 (GLOBE NEWSWIRE) -- Martina Minerals Corp. (the “Corporation”) announces that its previously announced debt conversion has been amended. Pursuant to the amended debt conversion agreements with the six (6) creditors (collectively, the “Creditors”), all of which are arm’s length parties to the Corporation, the Corporation will now issue an aggregate of 9,163,000 common shares (“Debt Shares”) to the Creditors in exchange for the cancellation of $320,705 in debt owing to the parties.
The issuance of the Debt Shares is subject to the approval of NEX. All securities issued pursuant to the debt conversion are subject to a statutory four (4) month hold period.
For further information, please contact:
Herbert Brugh
Chief Executive Officer
Tel: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward-looking Statements
This news release includes certain information and forward-looking statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although the Corporation believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
Source: Martina Minerals Corp.
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