Stellar AfricaGold's Proposed Debt Settlement and Incentive Stock Options Issuance
Stellar AfricaGold's Proposed Debt Settlement
Stellar AfricaGold, a dynamic player in the mining industry, has announced a strategic proposal to issue an aggregate of 3,950,060 common shares to settle outstanding obligations. This initiative addresses approximately $197,503 in debt with each share priced at $0.05.
Incentive Stock Options Granted
In conjunction with the debt settlement, Stellar AfricaGold is also set to grant incentive stock options to align the interests of its stakeholders and motivate performance.
- Debt settlement through share issuance
- $0.05 per share agreed price
- Granting of incentive stock options
This dual approach aims to streamline financial obligations while boosting team motivation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.