Financings
Kingsview Minerals Announces Corporate Update

KVM · Price
Executive Summary
- Kingsview Minerals settled $365,975 of outstanding debt by issuing 1,663,523 common shares at a deemed price of CDN $0.22 per share.
- The transaction reduces the Company’s liabilities and provides equity capital without cash outlay.
- No additional cash proceeds were received; the settlement is accounted for as an equity issuance.
Key Details
- Debt settled: Aggregate amount of $365,975 owed to various creditors.
- Share issuance: 1,663,523 common shares issued to settle the debt.
- Deemed share price: CDN $0.22 per common share (used for accounting purposes).
- Resulting equity dilution: New shares increase total outstanding share count; exact dilution percentage not disclosed.
- Use of proceeds: Not applicable – transaction is a debt‑for‑equity swap, no cash proceeds generated.
- Impact on balance sheet: Debt obligations reduced by $365,975; shareholders’ equity increased by the fair value of shares issued.
Notable Quotes
(No executive quotes were included in the release.)
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Jun 23, 2026 · 07:31