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Article: Ditem Explorations: Shares for Debt Agreement.
- Article from:
- Marketwire Canada
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTREAL, QUEBEC, Nov 6, 2009 (Marketwire via COMTEX) -- Ditem Explorations (TSX VENTURE:DIT) is pleased to announce that the company has entered into a debt settlement agreement for the issuance of an aggregate 990,020 common shares to Golden Valley Mines Ltd, in consideration for settlement of an aggregate $74,264.99 debt at a deemed price of $0.075. The debt is related to expenses paid by Golden Valley Mines for the Beartooth Island Property. The transaction is subject to the receipt of regulatory approval.
Ditem Explorations (57,372,582 fully diluted) is a uranium exploration and development Company with properties in the Athabasca Basin in Saskatchewan ...