TSX-V: JSP
CALGARY , Feb. 6, 2018 /CNW/ - Jasper Mining Corporation ("Jasper") (JSP.V ) is pleased to announce that it has completed the conversion of debt to common shares of the Corporation as set out in the news release of October 17 , 2017. The total amount of debt extinguished was in the amount of $215,207.17 for 2,152,073 common shares at $0.10 per share.
The shares are subject to a 4 month hold period, expiring June 5, 2018 .
This was a non arms length transaction with three vendors of Jasper.
This News Release is being issued in accordance with TSX Venture Exchange procedure which requires a News Release be made that discloses the material details of the shares for debt issuance.
The TSX Venture Exchange has not reviewed and does not accept r esponsibility for the adequacy or accuracy of this release.
SOURCE Jasper Mining Corporation
View original content: http://www.newswire.ca/en/releases/archive/February2018/06/c2384.html