Goldrea to Issue 404,200 Shares for Debt

Goldrea Resources Corp (C:GOR) , is issuing 404,200 common shares of the company for two arm’s-length service providers to settle a portion of outstanding debts incurred by the company. The 404,200 common shares will be issued at a deemed price five cents per share and will be subject to a four-month hold period.

Goldrea continues to lay out work programs scheduled for this summer with its four active holdings: the Cannonball property in the Golden Triangle in Northern British Columbia; Gaspe, the lithium property in Quebec; Lift, lithium in Clayton Valley, Nevada; and the newly acquired gold property, Argos, in the Windfall Lake area of Quebec. Updates will be forthcoming upon mobilizations.

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