BRS Resources Ltd. Announces Conversion of Convertible Debentures
03.09.2025 | vom Unternehmen
BRS Resources Ltd. (“BRS”) (TSX-V: BRS) is pleased to announce that an aggregate of $242,000 convertible debentures (the “Convertible Debentures”) maturing on August 31, 2025 have been converted into 2,420,000 units (each, a “Unit”) of the Company at a conversion price of $0.10 per Unit. Each Unit consists of one common share (each, a “Share”) of the Company and one transferable share purchase warrant (each, a “Warrant”) with each Warrant exercisable into one Share (each, a “Warrant Share”) at a price of $0.10 per Warrant Share until September 2, 2026. The Company has agreed to payout any interest owing under the Convertible Debentures. BRS Resources Ltd.
BRS is a mineral exploration company focused on the identification, evaluation, and acquisition of mineral exploration properties located in Canada and the United States and once acquired, the exploration of those properties. BRS’ principal property is the Cowtrail Property, which is currently in the exploration stage. The Cowtrail Property consists of 32 minerals claims covering 4,400 hectares located in south central British Columbia, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
Byron Coulthard
President and CEO
Phone: 604.657.7004