MiningNewsBreaks – Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) Issues Common Shares to Complete Debt Settlement

Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG), a mining company with a different approach, has completed a previously announced debt settlement. According to the announcement, the company has settled $16,650 of debt owed to an arm’s length creditor. Advanced Gold settled the debt by issuing to the creditor 602,410 common shares in the capital of the company at $0.05 per common share. The company noted that the shares that were issued as part of the debt settlement are subject to a four-month hold period. To view the full press release, visit About Advanced Gold Exploration Inc. Advanced Gold Exploration (formerly Advance United Holdings Inc.) brings an entirely different approach to the mining industry. The company doesn’t mine; rather, it has acquired a portfolio of undervalued gold properties and is increasing their value through the application of modern technology. Advanced Gold Exploration has a growing pipeline of similar properties that it is looking to acquire and is exclusively involved in the acquisition and advancement of past projects, with no intent to bring them back into production or to mine them. Rather, the company’s expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time but that have economic value at today’s prices. The company funds the reworking historic data and applies modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value. The company’s purpose is to bring immediate and long-term value to its partners and shareholders while seeking to eliminate exploration risk, so that its projects can all advance in the shortest possible time frame. To learn more about the company, visit NOTE TO INVESTORS: The latest news and updates relating to AUHIF are available in the company’s newsroom at About MiningNewsWire MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness. MNW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: MiningNewsWire Los Angeles, CA 310.299.1717 Office MiningNewsWire is powered by IBN
Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.