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Home : Alturas Announces Debt Settlement
Jul 09
2013

Alturas Announces Debt Settlement

TORONTO, ONTARIO and LIMA, PERU--(Marketwired - July 8, 2013) - Alturas Minerals Corp. (the "Company" or "Alturas") (TSX VENTURE:ALT)(LMA:ALT) announced today that it has entered into agreement with Equinox Minerals Limited, a wholly owned subsidiary of Barrick Gold Corporation, to settle an aggregate of US$231,001 (CAD$242,851.35) of debt in consideration for the issuance of 4,857,027 Common Shares of the Company at CAD$0.05 per share. The shares issued pursuant to this debt settlement are restricted from trading until November 6, 2013. The debt settlements will reduce the Company's liabilities and better position the Company to move forward.
Source:http://www.marketwire.com/mw/release.do?id=1809011&sourceType=3
 
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