Original News Release
Pegmatite One to settle $213,500 debt with shares
Mr. Kelly Abbott reports
PEGMATITE ONE LITHIUM AND GOLD CORP. TO SETTLE OUTSTANDING DEBT
Pegmatite One Lithium and Gold Corp. proposes to settle outstanding indebtedness of up to $213,500 in exchange for an aggregate of up to 2,551,765 common shares of the company at a price of 8.5 cents per common share.
The securities, when issued, will be subject to a four-month-and-one-day hold from the date of issuance. In addition, the debt settlement is subject to the approval of the Canadian Securities Exchange.
We seek Safe Harbor.
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