Financings
Kingsview issues 1.66M shares for debt of $365,975

KVM · Price
Executive Summary
- Kingsview Minerals Ltd. settled creditor debt totaling $365,975 by issuing 1,663,523 common shares at a deemed price of $0.22 per share.
- The transaction reduces outstanding liabilities and dilutes existing shareholders proportionally to the share issuance.
- No additional forward‑looking statements or operational updates were provided beyond the settlement details.
Key Details
- Debt Settlement Amount: $365,975 paid in full to various creditors.
- Share Issuance: 1,663,523 common shares issued as consideration for the debt repayment.
- Deemed Share Price: $0.22 per common share (used to calculate the equity value of the settlement).
- Impact on Capital Structure: Increases total outstanding common shares by 1.66 million; reduces cash outflow requirement by settling debt with equity.
- Purpose of Transaction: To eliminate existing creditor obligations and improve balance‑sheet health.
Notable Quotes
(No executive quotes were included in the release.)
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Jun 23, 2026 · 07:31