16:19:39 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Noka Resources Inc (2)
Symbol NX
Shares Issued 15,834,423
Close 2015-03-31 C$ 0.13
Market Cap C$ 2,058,475
Recent Sedar Documents

ORIGINAL: Noka to issue 3.16 million shares for debt

2015-04-01 18:10 ET - News Release

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File: Microsoft Word - 2015_04_01 NX News Release Enters Into Debt Settlement (FINAL).doc.pdf

                                                                                                                      
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                                                                                              510-744
  West
  Hastings
  Street
  
                                                                                       Vancouver,
  British
  Columbia,
  V6C
  1A1
  
                                                                                                           Tel:
  (604)
  678-5308
  
  
                                       
                                                            www.nokaresources.com
  

                                                                          Trading Symbol: NX:TSX-V / 2NK:FSE


                    Noka Resources Proceeds with Debt Settlement Transaction


Vancouver, BC � April 1, 2015: Noka Resources Inc. (TSX-V: NX, FSE: 2NK) (the
"Company") announces that it has entered into debt settlement agreements with certain arm's
length third parties and an officer of the Company pursuant to which the Company has agreed
to issue an aggregate of 3,166,565 common shares at a deemed price of $0.10 per common
share (the "Transaction"). The amount of indebtedness settled by the Transaction is
$316,656.57 The Company determined to satisfy this outstanding indebtedness with shares in
order to preserve its cash for operations.

The Transaction is subject to TSX Venture Exchange approval. All shares issued pursuant to
the Transaction are subject to four-month and one-day hold period.

For further information, please contact Nav Dhaliwal, President, at nav@nokaresources.com or
visit www.nokaresources.com.


ON BEHALF OF THE BOARD OF DIRECTORS

"Nav Dhaliwal"

Nav Dhaliwal
President and CEO
(604) 678-5308

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
 


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