Mr. David Brett reports
PACIFIC BAY COMPLETES SHARES FOR DEBT TRANSACTIONS
Pacific Bay Minerals Ltd.'s agreements to settle debt with seven creditors (including certain directors, officers and insiders), as previously announced on Sept. 14, 2018, and Dec. 21, 2018, have been completed. The company has issued 5,688,588 common shares (postconsolidation) at a deemed price of 10 cents per share to extinguish $568,858 of debt. These shares are subject to a hold period ending May 17, 2019.
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