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Home : Peat Resources Limited Announces Debt Settlement Agreements
Mar 22
2014

Peat Resources Limited Announces Debt Settlement Agreements

TORONTO, ONTARIO--(Marketwired - March 21, 2014) - The company (TSX VENTURE:PET) is pleased to report that it has negotiated, subject to regulatory approval, settlement of $614,301 of debt to insiders of the company, in exchange for a total of $70,220 cash payable within sixty days plus 2,000,000 shares. The settlement agreements were approved by the Board of Directors, excluding those that have a direct interest in their particular settlement.
Source:http://www.marketwired.com/mw/release.do?id=1891382&sourceType=3
 
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