Durango Completes Shares for Debt and Services
DURANGO RESOURCES INC. Suite 248 – 515 W. Pender Street Vancouver, BC V6B 6H5 TSX Venture Exchange Trading Symbol: DGO Frankfurt: 86A1 / OTC Grey: ATOXF
DURANGO COMPLETES SHARES FOR DEBT AND SERVICES
Vancouver, BC / TheNewswire / November 17, 2015 - Durango Resources Inc. (the "Company" or "Durango") reports that $86,000 of outstanding debt has been extinguished and 1,720,000 common shares have been issued to the three creditors as previously announced on October 26th, 2015.
The Company has issued 282,500 common shares for services at a deemed price of five cents pursuant to an agreement dated September 4th, 2015 as announced on September 16th, 2015.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverté and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Québec, as well as three sets of claims in the Labrador nickel corridor.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer Telephone: 604.428.2900 Facsimile: 888.266.3983 Email: [email protected] Website: www.durangoresourcesinc.com
Forward-Looking Statements This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company's prospectus filed on its SEDAR profile at www.sedar.com.
Neither 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.