Advanced Gold Exploration (CSE: AUEX)(OTC: AUHIF) (FSE: 4TG), a Canadian mineral exploration company, has announced plans to settle a $144,950 debt to several arm’s length creditors. According to the announcement, the company anticipates settling the debt by issuing 2,899,000 common shares in the capital of the company. The price of each issued share will be $0.05, and the shares will be subject to a four-month hold period; the announcement noted that the transaction is subject to acceptance by the Canadian Securities Exchange.
Advanced Gold Exploration also announced a correction to its Aug. 26, 2 024, press release regarding a nonbrokered private placement. According to the correction, the private placement closed on Sept. 3, 2024, rather than Aug. 26, 2024.
To view the full press release, visit https://ibn.fm/nsIVJ
About Advanced Gold Exploration Inc.
Advanced Gold Exploration brings an entirely different approach to the mining industry. The company doesn’t mine. Rather, it has acquired a portfolio of undervalued gold properties and is increasing the value of those properties through the application of modern technology. Advanced Gold Exploration has a growing pipeline of similar properties that it is looking to acquire. The company is involved exclusively in the acquisition and advancement of past projects, with no intent to bring them back into production or to mine them. The company’s expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time but which it believes have economic value at today’s prices. Advanced Gold Exploration funds the reworking of historic data and applying modern technology to underwrite new qualified reports as well as document quantifiable resources and reserves to current standards, thereby recognizing the current value. The company’s purpose is to bring immediate and long-term value to its partners and shareholders while seeking to eliminate exploration risk, so that all involved can advance in the shortest possible time frame. For more information, visit the company’s website at www.AdvancedGoldExploration.com.
NOTE TO INVESTORS: The latest news and updates relating to AURIF are available in the company’s newsroom at https://ibn.fm/AUHIF
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
Editor@InvestorWire.com
InvestorWire is powered by IBN
