BRIEF-Antioquia Gold agrees to settle CAD$5.9 million of debt under existing term loan with Infinita Prosperidad Minera

Tue May 17, 2016 8:43am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

May 17 (Reuters) - Antioquia Gold Inc

* Agreement to settle cad$5.9 million of debt under existing term loan with infinita prosperidad minera sac, co's largest shareholder

* Antioquia will issue 84.3 million common shares at a deemed price of $0.07 per share

* Says after transaction, infinita will own and control 232.2 million shares, representing 72% of outstanding shares of company Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)