Altrova Health (ROVA.CN) plans to settle aggregate indebtedness of CA$215,000 by entering into debt settlement agreements with three consultants, it said Wednesday.
The company plans to issue around 3.58 million of its shares at a deemed price of CA$0.06 each to settle the debt, it said.
The debt settlement remains subject to the receipt of all required regulatory approvals, added the company.
Shares of the company were last seen unchanged at CA$0.075 on the Canadian Securities Exchange.
RFA Financial (RFA.TO) declared a quarterly dividend at CA$0.33 per share for the quarter ending Sept. 30, the company said Tuesday afternoon.The dividend is payable on Oct. 15, to shareholders of record on Sept. 30.RFA Financial shares closed down CA$0.09 at CA$26.28 on the Toronto Stock Exchange.
GoldQuest Mining (GQC.V) said Tuesday it appointed Dennis Kwong as chief financial officer, effective Sept. 15.Kwong has experience in mining finance, capital markets, mergers and acquisitions, project financing and corporate development.
Avalon Advanced Materials (AVL.TO) said Tuesday its Nechalacho Rare Earths Project in the Northwest Territories was selected for inclusion in the Canada Investment Summit Prospectus.The project will also be showcased by the Government of the Northwest Territories as a strategic critical-minerals development opportunityThe company said the project has been explored in the past "including a historical 2013 Definitive Feasibility Study, extensive drilling and supporting technical studies". It is preparing a Preliminary Economic Assessment for the property.The summit's prospectus features 167 investment opportunities across Canada, including 63 projects in the minerals and metals sector.