Mr. Simon Chapelle reports
SHARES FOR DEBT AND CEO SEARCH
Steadright Critical Minerals Inc. has entered into an agreement with officers and consultants of the company to issue shares for debt and has begun to search for a new chief executive officer.
Shares for debt of 492,583 common shares in the capital of the issuer for outstanding debt in the amount of $29,555 will be issued at a price per share of six cents in accordance with the policies of the Canadian Securities Exchange. The shares will be subject to a four-month-and-one-day hold period.
CEO John Morgan's contract expired on Nov. 20, 2023. Mr. Morgan remains a board member. A new CEO search has begun for Steadright.
The board would like to thank Mr. Morgan for his services.
Steadright is a junior mining exploration company established in 2019 and incorporated in the Province of Ontario. Steadright currently holds an option on its property, specifically in the Port Cartier, Gaspe Bay region of Quebec, Canada, accessible by Route 138. Steadright's Quebec project, the RAM project, is composed of over 13,000 acres. The RAM property is located on a highly prospective geological unit and historically has been underexplored for nickel, cobalt, copper and precious metals. Steadright also has an option agreement for the B2 project exploring for copper and silver located in the Saguenay-Lac-St-Jean region of Quebec.
© 2024 Canjex Publishing Ltd. All rights reserved.