Mr. Mac Bender reports
SOFTROCK MINERALS LTD. TO ISSUE SHARES IN SATISFACTION OF DEBT
Subject to the approval of the TSX Venture Exchange, Softrock Minerals Ltd. intends to issue five million common shares to certain of its directors and officers, as well as a spouse of a director, at a deemed price of one cent per share in satisfaction of $50,000 owed to such persons pursuant to debentures of the company that are due to mature on June 15, 2020. Softrock believes that repaying the debt with common shares rather than cash will assist it in maintaining its capital resources and liquidity.
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