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Financings

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

By The Northwire Desk — AI Analysis Jan 30, 2026 · 04:35 KVM · 0.22 Kingsview Minerals Ltd
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.)

Read the original news release →

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