Financings
Golcap Resources issues 200,000 shares for debt

GCP · Price
Executive Summary
- Golcap Resources Corp. has closed a debt settlement agreement with an arm's-length creditor to resolve outstanding debt totaling $75,600.
- The settlement was satisfied through the issuance of 200,000 common shares, effectively settling the liability and preserving cash for working capital purposes.
- The issued shares carry a four-month-and-one-day hold period, expiring on April 11, 2026.
Key Details
- Debt Settled: $75,600 owed to an arm's-length creditor.
- Consideration: Issuance of 200,000 common shares.
- Deemed Price Per Share: $0.378.
- Hold Period: Four months and one day, expiring April 11, 2026.
- Strategic Rationale: The Board determined the settlement is in the company's best interest to preserve cash for working capital.
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May 26, 2026 · 19:23