Aldershot Resources Ltd.

Aldershot Resources Ltd.

August 31, 2016 16:44 ET

Aldershot Resources Ltd. Announces Issuance of Shares for Debt

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 31, 2016) - Aldershot Resources Ltd. ("Aldershot" or the "Company") (NEX:ALZ.H) announces, further to its press releases dated August 5, 2016 and August 23, 2016, that it has issued a total of 4,249,146 common shares of the Company (the "Common Shares") at a deemed price of $0.05 per Common Share for payment of outstanding debts of $212,457.32 owed to insiders of the Company and the outstanding debts have now been extinguished.

The Common Shares issued by the Company have a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.

For further information, please visit Aldershot's web-site at:

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

Contact Information

  • Jeremy Caddy
    President & Chief Executive Officer
    Aldershot Resources Ltd.