00:45:47 EDT Mon 23 Oct 2017
Enter Symbol
or Name
USA
CA



Red Oak Mining Corp
Symbol C : ROC.H
Shares Issued 20,361,861
Close 2017-03-17 C$ 0.005
Recent Sedar Documents

Red Oak to issue shares to settle $745,000 in debts

2017-03-20 20:46 ET - News Release

Mr. Jay Roberge reports

RED OAK MINING CORP. ANNOUNCES DEBT SETTLEMENT

Further to Red Oak Mining Corp.'s March 17, 2017, press release disclosing its intention to proceed with a share consolidation on a ratio of one new share for 10 old shares, the company has reached an understanding with certain of its creditors holding an aggregate total $745,000 in company debt to settle such debt in exchange for 14.9 million postconsolidation common shares of the company at a deemed price of five cents per postconsolidation common share.

The shares issued under the debt settlement will be subject to a four-month hold period under Canadian securities laws.

The debt settlement is subject to the acceptance of the TSX Venture Exchange.

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