{"id":673,"date":"2025-04-25T20:16:00","date_gmt":"2025-04-25T20:16:00","guid":{"rendered":"http:\/\/magnumgoldcorp.com\/?p=673"},"modified":"2025-05-13T20:19:21","modified_gmt":"2025-05-13T20:19:21","slug":"magnum-goldcorp-receives-approval-of-shares-for-debt-settlement-2","status":"publish","type":"post","link":"http:\/\/magnumgoldcorp.com\/index.php\/2025\/04\/25\/magnum-goldcorp-receives-approval-of-shares-for-debt-settlement-2\/","title":{"rendered":"Magnum Goldcorp Receives Approval of Shares for Debt Settlement"},"content":{"rendered":"\n<p>West Vancouver, British Columbia \u2013 April 25, 2025 \u2013 By news release dated April 4, 2025, Magnum Goldcorp Inc. (the \u201cCompany\u201d or \u201cMagnum\u201d) announced that it had entered into debt settlement agreements (the \u201cAgreements\u201d) to settle obligations owed to certain non-arm\u2019s length and arm\u2019s length creditors, in the amount of $118,301.49, through the issuance of 2,366,030 common shares of the Company (the \u201cShares\u201d) at a deemed value of $0.05 per Share. The Company received TSX Venture Exchange (the \u201cExchange\u201d) acceptance of the Settlement by letter dated April 23, 2025 and the subject shares were issued by the Company at a deemed price of $0.05 per share. The shares issued pursuant to the Settlement are subject to a statutory four month hold period expiring on August 24, 2025.<br>For further information, visit the Company\u2019s website at www.magnumgoldcorp.com.<br><br>Magnum Goldcorp Inc.<br><em>\u201cDouglas L. Mason\u201d<\/em><\/p>\n\n\n\n<p>Douglas L. Mason, President and CEO<br><br>Contact:<br>info@waterfrontgroup.com<br>Tel 604.922.2030<br><br>Neither the 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<br><br>NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN<\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Vancouver, British Columbia \u2013 April 25, 2025 \u2013 By news release dated April 4, 2025, Magnum Goldcorp Inc. (the \u201cCompany\u201d or \u201cMagnum\u201d) announced that it had entered into debt settlement agreements (the \u201cAgreements\u201d) to settle obligations owed to certain non-arm\u2019s length and arm\u2019s length creditors, in the amount of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-673","post","type-post","status-publish","format-standard","hentry","category-news-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Magnum Goldcorp Receives Approval of Shares for Debt Settlement - Magnum Goldcorp Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/magnumgoldcorp.com\/index.php\/2025\/04\/25\/magnum-goldcorp-receives-approval-of-shares-for-debt-settlement-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magnum Goldcorp Receives Approval of Shares for Debt Settlement - Magnum Goldcorp Inc.\" \/>\n<meta property=\"og:description\" content=\"West Vancouver, British Columbia \u2013 April 25, 2025 \u2013 By news release dated April 4, 2025, Magnum Goldcorp Inc. 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