(Source: MARKETWIRE)
THEMAC Resources Group Limited (NEX: MAC.H) ("the Company") wishes
to announce that it has agreed to the settlement of a debt of $40,000
in consulting and management fees due to a company controlled by a
director of the Company, by issuing 533,333 common shares of the
Company at a price of $0.075 per common shares.
The above transaction is subject to regulatory approvals, and the
shares issued will have a hold period of four months from the time of
distribution in compliance with TSX Venture Exchange policies and
applicable securities law.
On behalf of the board of directors
THEMAC RESOURCES GROUP LIMITED
Barrett Sleeman, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Neither
the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Contacts:
THEMAC Resources Group Limited
Mr. Salvador Miranda
(604) 806-6110
(604) 806-6112 (FAX)
SOURCE: THEMAC Resources Group Limited
A service of YellowBrix, Inc.
