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Bitterroot Resources Ltd. — Regulatory Filings 2020
Feb 12, 2020
43978_rns_2020-02-12_ace5038c-8de8-4e2f-b6b1-ceff965e0f2a.pdf
Regulatory Filings
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BITTERROOT RESOURCES LTD.
Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6
tel 604 922 1351
www.bitterrootresources.com
NEWS RELEASE
February 12, 2020
CLOSING OF SHARES FOR DEBT TRANSACTIONS
Bitterroot Resources Ltd. (BTT, TSX-V) (the “Company”) announces that further to its press release dated January 24, 2020, its shares for debt transactions (the “Debt Settlement”) have been approved by the TSX Venture Exchange and an aggregate of 3,481,365 common shares in the capital of the Company (the “Common Shares”) have been issued to certain creditors at a deemed issue price of $0.05 per Common Share to settle an aggregate of $475,083.15 of outstanding debt.
The Common Shares issued in connection with the Debt Settlement are subject to a statutory hold period expiring on the date that is four months and one day after the date of issuance.
ON BEHALF OF THE BOARD OF DIRECTORS OF THE COMPANY:
Michael S. Carr
Director
Contact information:
Telephone 604 922 1351
Email [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.