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Goldhills to settle $158K debt by issuing 3.16M shares at $0.05 each, pending TSX approval.

Company Fundamentals
02 Jul 2026
Newsfile Corp
View Source
Neutral
pluang ai news

Goldhills Holding Ltd. plans to settle $158,133 of outstanding debt by issuing 3,162,660 common shares priced at $0.05 each to related parties. These shares will be subject to a four-month hold period. The transaction qualifies as a related party deal but is exempt from certain regulatory approvals due to its size relative to the company's market cap. The debt settlement requires approval from the TSX Venture Exchange before closing.

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