MiningNewsBreaks – Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) Issues Common Shares to Complete Debt Settlement
April 05, 2024 at 11:54 AM EDT
Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG), a mining company with a different approach, has completed a previously announced debt settlement. According to the announcement, the company has settled $16,650 of debt owed to an arm’s length creditor. Advanced Gold settled the debt by issuing to the creditor 602,410 common shares in the capital of the company at $0.05 per common share. The company noted that the shares that were issued as part of the debt settlement are subject to a four-month hold period.
To view the full press release, visit https://ibn.fm/HcQjo
About Advanced Gold Exploration Inc.
Advanced Gold Exploration (formerly Advance United Holdings Inc.) brings an entirely different approach to the mining industry. The company doesn’t mine; rather, it has acquired a portfolio of undervalued gold properties and is increasing their value through the application of modern technology. Advanced Gold Exploration has a growing pipeline of similar properties that it is looking to acquire and is exclusively involved in the acquisition and advancement of past projects, with no intent to bring them back into production or to mine them. Rather, the company’s expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time but that have economic value at today’s prices. The company funds the reworking historic data and applies modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value. The company’s purpose is to bring immediate and long-term value to its partners and shareholders while seeking to eliminate exploration risk, so that its projects can all advance in the shortest possible time frame. To learn more about the company, visit www.AdvancedGoldExploration.com.
NOTE TO INVESTORS: The latest news and updates relating to AUHIF are available in the company’s newsroom at https://ibn.fm/AUHIF
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