22:02:24 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Golden Sun Mining Corp
Symbol GSU
Shares Issued 24,099,466
Close 2022-06-24 C$ 0.42
Market Cap C$ 10,121,776
Recent Sedar Documents

Golden Sun settles $228,708 debt with 1.27M shares

2022-06-24 16:38 ET - News Release

Mr. Jason Latkowcer reports

GOLDEN SUN ANNOUNCES ISSUANCE OF SHARES FOR DEBT SETTLEMENT

Golden Sun Mining Corp. has entered into debt settlement agreements with certain creditors of the company, pursuant to which it has discharged aggregate indebtedness of $228,708 in consideration of the issuance, subject to regulatory approval, of a total of 1,270,600 common shares of the company at a deemed price of 18 cents per common share.

The securities issued pursuant to the debt settlements are subject to a statutory hold period of four months from the date of issuance.

About Golden Sun Mining Corp.

Golden Sun Mining is an exploration-stage company engaged principally in the acquisition, exploration and development of mineral properties in North and South America. Its flagship asset, the Green Energy lithium project, is located in the Paradox basin, Utah, an area with historical oil and gas sample data showcasing promising and accessible super saturated resource containing brine. The property is surrounded by an industry peer with proven and indicated lithium and other recoverable resources, including bromine, iodine and others. The company is actively targeting property acquisition and joint venture opportunities across North and South America.

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