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| Home : Copper One Announces Shares for Debt Settlement |
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Nov 19
2015 |
Copper One Announces Shares for Debt Settlement |
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TORONTO, ONTARIO--(Marketwired - Nov. 18, 2015) - Copper One Inc. (TSX VENTURE:CUO) ("Copper One" or the "Company") has entered into settlement agreements (the "Settlement Agreements") with various creditors of the Company whereby Copper One would issue common shares of the Company at a deemed price of $0.05 per common share representing a partial settlement of the amounts owing to such creditors (the "Shares for Debt Settlement"). Pursuant to the Settlement Agreements, CDN$195,000 would be settled and a total of 3,900,000 common shares would be issued to the creditors, which would represent a total of 37.81% of the total number of issued and outstanding common shares of Copper One following the completion of the Shares for Debt Settlement. |
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| Source:http://www.marketwired.com/mw/release.do?id=2075251&sourceType=3 |
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