Black Tusk Resources Inc. Closes Private Placement, Settles Debt, Issues Options
ACCESS Newswire
12 Dec 2019, 07:13 GMT+10
VANCOUVER, BC / ACCESSWIRE / December 11, 2019 / Black Tusk Resources Inc. (the 'Company') (CSE:TUSK)(OTC:BTKRF)(Frankfurt:ONB) announces that it has closed a private placement, completed a debt settlement arrangement and issued stock options.
The Company closed a private placement offering issuing a total of 2,166,667 flow through common shares at a price of $0.06 per share for total proceeds of $130,000.02. In connection with the offering, the Company issued 346,666 broker warrants exercisable at $0.10 for a period of two year and paid $20,800 cash.
The Company settled outstanding indebtedness of $146,895 in exchange for common shares of the Company at a price of $0.05 per common share.
The Company also issued 3,033,563 stock options issued with an exercise price of $0.05 per share for a period of two years, of which. 2,600,000 of the issued options were issued to directors and officers of the Company.
On behalf of the Board of Directors
Richard Penn,
CEO
778 384-8923
SOURCE: Black Tusk Resources Inc.
View source version on accesswire.com:
https://www.accesswire.com/569977/Black-Tusk-Resources-Inc-Closes-Private-Placement-Settles-Debt-Issues-Options
Share
Tweet
Share
Flip
Email
Subscribe and Follow
Get a daily dose of California Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to California Telegraph.
More InformationTragedy in Spain: Diogo Jota and his brother die in car accident
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
Early heatwave grips Europe, leaving 8 dead and nations on alert
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
U.S. military, China, Russia in Space race
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
Trump wins $16 million settlement from Paramount over CBS Harris edit
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
British PM faces major party revolt over welfare reforms
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
White House meeting between Trump, Netanyahu on July 7
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...
Engine defect prompts Nissan to recall over 443,000 vehicles
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
Microsoft trims jobs to manage soaring AI infrastructure costs
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
Stocks worldwide struggle to make ground Friday with Wall Street closed
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
Nvidia briefly tops Apple’s record in AI-fueled stock rally
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
ICE raids leave crops rotting in California, farmers fear collapse
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
Trump signals progress on India Trade, criticizes Japan stance
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
