INEN Indigo Exploration Inc.

Indigo Exploration Announces Shareholder Loans Advanced to Provide Short Term Funding for Working Capital and Administrative Expenses

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2019) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has entered into shareholder loan arrangements with certain shareholders of the Company to borrow a total of $100,000. The loans are not convertible into or repayable in equity or voting securities of the Company, and no bonus shares or bonus warrants will be issued in connection with the loans.

The funds will used to provide the Company with general working capital and to pay administrative expenses as may be first approved by the Lenders. The loans will bear interest at a rate of 10% per annum, both before and after maturity, and are payable on demand of the lenders at any time after 12 months from the date funds have been advanced.

On Behalf of the Board of Directors,

"Paul Cowley"

President and CEO

For further information, please contact:
Paul Cowley: (604) 340-7711
Website:

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit

EN
11/07/2019

Underlying

INENIndigo Exploration Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Indigo Exploration Inc.

 PRESS RELEASE
Free
INEN Indigo Explorat...

Indigo Exploration Inc. Issues Shares for Debt

Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that further to the news release of April 13, 2020, it has settled debt totaling $259,166.67 by the issuance of 3,000,000 shares (the "Settlement Shares") at a deemed price of $0.05 per share ($150,000) and 2,183,333 units at a deemed price of $0.05 per unit ($109,166.65). Each unit is comprised of one common share (the "Unit Shares") and one share purchase warrant. The Settlement Shares, Unit Shares, warrants and any shares issued upon exercise of the warra...

June 2, 2020 1 EN
 PRESS RELEASE
Free
INEN Indigo Explorat...

Indigo Exploration Closes Djimbala Property Transaction, Mali

Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has finalized the Option Agreement with Desert Gold Ventures Inc. ("Desert Gold") and its local Mali subsidiary, Desert Gold Mali SARL ("DGM"), to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa.The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of the Kodieran gold Mine and 28 kilometres north, along strike, from Endeavour Mining...

June 1, 2020 1 EN
 PRESS RELEASE
Free
INEN Indigo Explorat...

Indigo Exploration Inc. Announces Closing of Private Placement Offerin...

Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) -  Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") is pleased to announce that it has closed the non-brokered private placement announced by the Company on April 13, 2020 and May 8, 2020. The Company has issued 15,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $750,000. Each Unit is comprised of one common share and one share purchase warrant. Each warrant (a "Warrant") entitles the holder to acquire one additional share in the capital of the Company at a price of $0.10 until May 15, ...

May 19, 2020 1 EN
 PRESS RELEASE
Free
INEN Indigo Explorat...

Indigo Exploration Inc. Announces Increase of Private Placement Offeri...

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") announces that it has increased its previously announced private placement (the "Private Placement") (see news release dated April 13, 2020) from 10,000,000 units of the Company ("Units") to 15,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $750,000.All other terms and conditions of the Private Placement, as previously announced, will remain the same and the Private Placement is subject to the approval of the TSX-V.On Behalf of the Board of Direc...

May 8, 2020 1 EN
 PRESS RELEASE
Free
INEN Indigo Explorat...

Indigo Exploration Announces Date for Share Consolidation

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that the consolidation of the Company's issued and outstanding common shares on the basis of six (6) pre-consolidation shares for every one (1) post-consolidation share (the "Consolidation") will occur on May 5, 2020 (the "Effective Date").As of the date of this news release, the Company has 92,019,316 common shares issued and outstanding. Upon completion of the Consolidation, it is expected that there will be approximately 15,336,553 common shares issued a...

April 30, 2020 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch