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Eureka Resources, Inc. - Settlement of Debts by the Issuance of Shares

(TSX: EUK) VANCOUVER, Nov. 6 /CNW/ - Eureka Resources, Inc. (the "Company") announces that it has...

articleKore Mining Ltd.November 6, 20075/company/kore-mining-ltd/news/eureka-resources-inc-settlement-of-debts-by-the-issuance-of-shares
Eureka Resources, Inc. - Settlement of Debts by the Issuance of Shares

About this update from Kore Mining Ltd.

[{"type":"text","content":"\n\n\n\n(TSX: EUK)\n\n\nVANCOUVER, Nov. 6 /CNW/ - Eureka Resources, Inc. (the "Company")\nannounces that it has agreed to issue 103,302 common shares of the Company at\nthe price of $0.80 per share to John J. O'Neill, a director of the Company, in\nsatisfaction of a $82,641.59 debt owed to John J. O'Neill by the Company.\n\n\nThe Company has also agreed to issue 145,255 common shares of the Company\nat the price of $0.80 per share to 8907 Investments Ltd., a company controlled\nby John J. O'Neill, in satisfaction of a $116,204.00 debt owed to 8907\nInvestments Ltd. by the Company.\n\n\nThe issuance of the aforementioned shares is subject to approval from the\nTSX Venture Exchange. In addition, the aforementioned shares will have a\nfour-month hold period as required by applicable securities laws and or TSX\nVenture Exchange policies.\n\n\nON BEHALF OF EUREKA RESOURCES, INC.\n\n\n"signed"\n\n\n--------\n\n\nJohn J. O'Neill\n\n\nDirector\n\n\n","length":1041,"tagName":"div"}]

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