QualityStocksNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Completes Debt Settlement
Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (FRANKFURT: NXFE) on Friday announced that it has completed a debt settlement with three creditors. In consideration for the issuance of 1,500,000 common shares at a price of $0.15 each, the debt settlement will result in a total of $225,000.00 of debt being retired. The debt settlement will not result in the establishment of a new insider or a new control person and is subject to Canadian Securities Exchange (“CSE”) approval. All securities issued in connection with the debt settlement are subject to a hold period expiring May 11, 2020. To view the…