Aurwest Resources Announces Closing Of Shares For Debt Settlement

Calgary, Alberta (March 10, 2026) – TheNewswire - Aurwest Resources Corporation (“ Aurwest ” or the “ Company ”) ( CSE: AWR ) is pleased to announce that the Company has completed a shares-for-debt settlement with an arm's length creditor, ARCO Resources Ltd., by issuing an aggregate of 1,732,500 common shares of the Company (the “ Shares ”) at a deemed price of $0.02 per Share in full settlement of an aggregate amount of $34,650 of outstanding indebtedness (the “ Debt Settlement ”), in accordance with the policies of the Canadian Securities Exchange (the “ CSE ”). The Company has completed the Debt Settlement to improve its financial position by reducing its existing liabilities. All Debt Settlement shares will be subject to a four month and one day hold period from the date of issuance pursuant to applicable Canadian securities law.
Open original source