Original News Release
Goldflare Exploration issues 547,410 shares for debt
Mr. Michel Desjardins reports
GOLDFLARE ANNOUNCES SHARES ISSUED IN SETTLEMENT OF DEBT
Goldflare Exploration Inc.'s board of directors has approved the issuance of 547,410 common shares at a deemed price of six cents per share to settle $32,844.52 in outstanding accounts payable. This transaction complies with the requirements of TSX Venture Exchange Policy 4.3 and does not result in the creation of a control person.
These transactions are subject to the final approval of the TSX Venture Exchange.
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