Barranco Gold settles $250,000 debt with 390,625 shares at $0.64 each
Reuters2026/08/18 21:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Settled USD 250,000 of debt via issuance of 390,625 common shares priced at USD 0.64 each.
- Creditor is the spouse of CEO and director Reno Calabrigo, making the transaction a related-party deal under MI 61-101.
- Board cited cash preservation for working capital as the rationale for paying down debt with equity.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barranco Gold Mining Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608181704PR_NEWS_USPR_____TO29150) on August 18, 2026, and is solely responsible for the information contained therein.
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