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Home : Alder Announces Shares for Debt Settlement
Jun 05
2015

Alder Announces Shares for Debt Settlement

TORONTO, ONTARIO--(Marketwired - June 4, 2015) - Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) announces that it has entered into shares-for-debt settlement agreements whereby Alder will issue 5,484,564 common shares at a deemed price of five cents per share in full settlement of dated accounts payables in the amount of $251,958.30 related to a shared services consulting agreement and $22,269.90 related to an outstanding loan and related interest. The shares-for-debt settlement is subject to the approval of the TSX Venture Exchange.
Source:http://www.marketwired.com/mw/release.do?id=2026837&sourceType=3
 
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