Mr. Stan Szary reports
KILLDEER MINERALS INC. FINAL DEBT SETTLEMENT
Killdeer Minerals Inc. has completed the shares-for-debt transaction announced on July 11, 2014, after receiving the approval of the TSX Venture Exchange to settle indebtedness to certain creditors.
Pursuant to the shares-for-debt transaction, the company will be issuing 2.9 million common shares in the capital of the company at a deemed price of five cents per share to settle outstanding debt in the amount of $145,000.
All shares issued pursuant to the debt settlement are subject to a four-month hold period expiring on Jan. 17, 2015.
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