TSX-V: JSP
CALGARY, Feb. 6, 2018 /CNW/ - Jasper Mining Corporation
("Jasper") (TSX-V:JSP) is pleased to announce that it has completed
the conversion of debt to common shares of the Corporation as set
out in the news release of October
17, 2017. The total amount of debt extinguished was in
the amount of $215,207.17 for
2,152,073 common shares at $0.10 per
share.
The shares are subject to a 4 month hold period, expiring
June 5, 2018.
This was a non arms length transaction with three vendors of
Jasper.
This News Release is being issued in accordance with TSX Venture
Exchange procedure which requires a News Release be made that
discloses the material details of the shares for debt
issuance.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this
release.
SOURCE Jasper Mining Corporation