Meryllion Resources Corp., Announces Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - June 25, 2018) - Meryllion Resources Corporation (CSE: MYR), ("Meryllion" or the "Corporation") announced today that it had entered into a shares for debt settlement pursuant to which the Corporation has issued Three Million Six Hundred Thousand ("3,600,000") Common Shares at a deemed price of Two and a Half Cents ("$0.025") CDN per Common Share to settle Ninety Thousand Dollars ("$90,000.00") CDN in debt owed to three creditors.
For further information please contact:
Mr. Paul Haber
Interim CEO & Director
Meryllion Resources Corporation
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com
W: www.meryllionresources.com
Mr. Frank Kordy
Interim CFO & Secretary
Meryllion Resources Corporation
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com
W: www.meryllionresources.com
Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
— 30 —