12th Sep 2014 07:44
LONDON (Alliance News) - Sefton Resources Inc Friday said the company has issued 30.6 million shares to settle a contractual commitment with a former advisor to the group.
Sefton said the share issue would settle a contractual commitment of GBP52,019 owed to DOC Investments Ltd.
The shares have been issued at 0.17 pence per share and, following the issue, DOC will hold a total of 32.9 million Sefton shares, or 3.6% of its issue share capital.
Sefton shares were untraded in early trade on Friday, quoted at 0.15 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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