KGL Resources announced today that it has completed a debt settlement transaction with Arlington Group Asset Management Limited issuing 1,794,000 common shares at a deemed issue price of $0.05 per share to settle indebtedness of C$89,700 owing to Arlington, consisting of C$65,000 loaned to the Company in September 2019 and accrued interest thereon of C$24,700. The Debt Settlement Shares issued are not subject to a holding
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