Brief: Heatherdale Says Has Entered A Settlement Agreement With Sino-Canada Natural Resources Fund I

Blackwolf Copper and Gold

27/04/2020 13:41

April 27 (Reuters) - Heatherdale Resources Ltd  HTR.V :
    * HEATHERDALE ANNOUNCES SHARES FOR DEBT ARRANGEMENT
    * HEATHERDALE RESOURCES LTD - HAS ENTERED INTO A SETTLEMENT
AGREEMENT WITH SINO-CANADA NATURAL RESOURCES FUND I
    * HEATHERDALE RESOURCES -  AGREEMENT RESOLVING VARIOUS
OUTSTANDING
ISSUES WITH RESPECT TO CAD$3 MILLION CONVERTIBLE DEBENTURE
PREVIOUSLY HELD BY SINO-CANADA
    * HEATHERDALE RESOURCES LTD - HAS AGREED TO SETTLE CAD$3
MILLION
OWING TO SINO-CANADA BY ISSUING 6 MILLION COMMON SHARES OF CO TO
SINO-CANADA
    * HEATHERDALE RESOURCES LTD - SETTLEMENT SHARES WILL BE
ISSUED AT
A DEEMED PRICE OF $0.50 PER SHARE
    * HEATHERDALE RESOURCES LTD - CO WILL ALSO CANCEL AND RETURN
TO
TREASURY A PRIOR VOID ISSUANCE OF 3 MILLION COMMON SHARES OF CO

Source text for Eikon:  ID:nCNW7vYfda 
Further company coverage:  HTR.V 

 ((Reuters.Briefs@thomsonreuters.com;))