Asia
United Paragon Mining Issues 3.2 Billion Shares to Pargold Mining
United Paragon Mining (PSE:UPM) completed the issuance of 3.2 billion common shares to Pargold Mining under its conversion program, according to a Friday Philippines Exchange filing.The shares, with a par value of 0.01 Philippine peso each, were issued in exchange for UPMC's outstanding liabilities as outlined in a May 29 Deed of Assignment.Following the deal, United Paragon Mining's Class A preferred shares were cancelled and converted into common shares.
PSE:UPM
