Golden Lake Exploration Inc. ("Golden Lake" or the "Company") (CSE:GLM) (OTC PINK:GOLXF) announces that it has entered into an unsecured, convertible promissory note (the "Note") to borrow C$165,000 (the "Loan"). The Loan has a maturity date of October 29, 2026, and shall accrue interest at a rate of 10% per annum from the issue date, subject to earlier conversion.
The amount outstanding under the Loan is convertible into common shares of the Company ("Common Shares") at a conversion price of $0.05 per share. Any Common Shares issued pursuant to the conversion of the Loan shall be subject to a statutory hold period of four months and a day from the date of issuance in accordance with applicable securities law and the policies of the Canadian Securities Exchange. The Company intends to use the Loan for advance royalty payments owned under its Option Agreement with Greenlane Resources Ltd.
About Golden Lake Exploration Inc:
Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.
ON BEHALF OF THE BOARD
"Mike England"
Mike England, CEO & DIRECTOR
FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 TollFree: 1-888-945-4770
Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
Golden Lake Exploration Inc. ("Golden Lake" or the "Company") (CSE:GLM) (OTC PINK:GOLXF) announces that it has entered into an unsecured, convertible promissory note (the "Note") to borrow C$165,000 (the "Loan"). The Loan has a maturity date of October 29, 2026, and shall accrue interest at a rate of 10% per annum from the issue date, subject to earlier conversion. 
