Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (20623)	7/28/2016 6:55:13 PM
From: Goose94	Respond to of 202790

GCX-V new 52 week high, 6 cents on light vol.

To: Goose94 who wrote (20623)

9/15/2016 2:23:24 PM

From: Goose94

Read Replies (2) | Respond to of 202790

Granite Creek Gold (GCX-V) Sept 15, '16 wishes to announce that it has completed the debt settlement announced May 27, 2016.

The company issued 2,005,060 shares to settle outstanding debt for $100,253 at a deemed price of $0.05 per share to 6 Creditors including the following insiders:

Keon Kwan		105,000 shares issued,
Jennifer Nestoruk		124,320 shares issued,
Willis Osborne		546,000 shares issued,
Tim Johnson		851,757 shares issued,
Mike Rowley		126,000 shares issued

As of the close of this debt settlement the company has 8,703,076 shares issued and outstanding.

The company has also converted $208,968 of debt held by a private company, controlled by a director to a long term loan. The loan will not be due and payable until July 31, 2019 and will bear an annual interest rate of 5%.

About Granite Creek Gold

Granite Creek is a Vancouver based exploration company in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, with the goal of establishing a mineable mineral resource. Granite Creek is currently seeking new opportunities.

Granite Creek Gold Ltd.
Timothy Johnson
President
604-569-2430
info@granitecreekgold.com