Genco Resources settles liabilities
Genco Resources Ltd. (TSX:GGC) announced that has settled certain current liabilities amounting to $986,270 by the issuance of 2,408,473 Common Shares of the Company at a deemed price of $0.41 per Common Share.
The press release is quoted as saying:
Genco Resources Ltd. is a publicly traded mining company focused on developing its core asset, the producing La Guitarra silver-gold property located in the Temascaltepec Mining District of Mexico.