Golden Rapture Mining Issues Shares For Debt
September 25, 2026 – TheNewswire - GOLDEN RAPTURE MINING CORPORATION (CSE-GLDR) announces that, further to its news release dated September 20, 2024, it has issued 480,000 common shares at a deemed price of $0.05 per Share to the President (the “Insider”) of the Company as payment of debt in the aggregate amount of $24,000 (the “Debt Settlement”), to settle an amount owed by the Company for unpaid director services. Accordingly, the issuance of the Debt Shares to the directors constitutes a "related party transaction" as this term is defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (“MI 61-101”). The directors of the Company, acting in good faith, determined that the fair market value of the Debt Shares being issued pursuant to the shares for debt transaction and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the Debt Shares nor the debt exceeds 25% of the Company’s market capitalization. All securities issued in c
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