AM proclaims debt settlement and grant of choices
MONTREAL, March 12, 2021 / CNW / – AM Sources Company (“A M“or the”society“) (TSXV: AMR) (Frankfurt: 76A) is happy to announce that it has settled its beforehand introduced debt settlement within the whole quantity of $ 1,138,631 by issuing a complete of 18,460,184 shares to an arm’s size creditor.
Granting of choices
The Firm can be happy to announce that it has granted a complete of 4,050,000 incentive inventory choices to administrators, officers and consultants beneath the inventory possibility plan of the Firm. AM (the “PlanThe choices, topic to the phrases of the plan and the corresponding possibility settlement, could also be exercised at a value of CAD $ 0.06 per share for a most interval of 5 years expiring on March 12, 2026.
ABOUT AM RESOURCES CORP.
AM Sources Corp. is a mining exploration firm with pursuits in coal and pure bitumen tasks in Colombia. AM guess on Colombia wonderful mineral potential and favorable local weather to proceed his Colombian journey.
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SOURCE AM Sources Corp.
For additional info: David Grondin, President and Chief Govt Officer, 1-514-360-0576, www.am-resources.com