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Komet Announces Shares for Debt Transaction

Komet Announces Shares for Debt Transaction

MONTREAL, July 9 (Korea Bizwire) – Komet Resources Inc. (“Komet” or the “Corporation”) (TSX-V : KMT) announces today that its board of directors has approved the settlement of $2,556,718 of debts through the issuance of common shares of the Corporation (the “Debt Settlement“). Pursuant to the Debt Settlement, the Corporation would issue 21,305,983 common shares at a deemed price of $0.12 [...]