BCM Resources Corporation Arranges Shares for Debt
February 25 2014 - 5:09PM
Marketwired Canada
BCM Resources Corporation (TSX VENTURE:B), the "Company" announces that it has
arranged to settle an outstanding debt owed to a property vendor by issuing an
aggregate of 550,000 common shares at a deemed price of $0.05 per common share.
The amount of indebtedness settled by this arrangement is $27,500.
Such arrangement is subject to approval from the TSX Venture Exchange.
The common shares that will be issued in connection with this debt settlement
will be subject to a hold period of four months and one day from issuance.
About BCM Resources Corporation
BCM Resources Corp. is a Vancouver-based mineral exploration company, dedicated
to advancing its Shan South molybdenum discovery. The Company is also the holder
of a significant land package of 100% owned mineral claims comprising another
five properties near Terrace, B.C. All of these are considered to be highly
prospective for molybdenum and other base & precious metals.
On Behalf of the Board of Directors:
Dale McClanaghan, President & CEO
Telephone: 1 (604) 646-0144 ext 224
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
BCM Resources Corporation
Deborah Goldbloom
1 (604) 646-0144, ext. 223
Toll Free: 1 (888) 646-0144, ext 223
info@bcmresources.com
www.bcmresources.com
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