Stakeholder Gold Corp. Announces Debt Settled by Issuance of Shares
Toronto, Ontario--(Newsfile Corp. - December 23, 2013) - Stakeholder Gold Corp. (TSXV: SRC) (“Stakeholder” or the “Company”) announces that it has extinguished an outstanding debt of $31,630 by issuing 632,600 common shares at a deemed price of five cents per share as announced on November 28, 2013. The shares issued subject to a four-month "hold period" under applicable securities legislation and the policies of the TSXV ending April 21, 2014. The TSX Venture Exchange has accepted for filing Stakeholder’s proposal to settle the said debt as of December 19, 2013.
On Behalf of the Board of Directors
Chris Carmichael, Director
For more information please contact:
Chris Carmichael, (647) 352-4900
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company’s periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.