Aldever Announces $132,000 Debt Settlement
ALDEVER RESOURCES INC. 2200 HSBC Building, 885 West Georgia Street Vancouver, BC V6C 3E8 www.aldever.com
ALDEVER ANNOUNCES $132,000 DEBT SETTLEMENT
July 29, 2019
Aldever Resources Inc. (ALD—TSX.V) (ALDVF—OTCQB) (17G1—Frankfurt) (“Aldever” or the “Company”) announces
that it has entered into settlement agreement s with four creditors, pursuant to which the Company intends to settle
an aggregate of $132,000 of debt with the issuance of 2,200,002 common shares of the Company at a deemed price
of $0.06 per common share.
With this settlement of debt, the Company will preserve its current cash position. The completion of the shares -for-
debt settlement is subject to the receipt of approval from the TSX Venture Exchange. The common shares issued
pursuant to the shares-for-debt settlement will be subject to a statutory hold period of four months plus a day.
For further information, please contact:
Clive Massey, President
Aldever Resources Inc.
Phone: (604) 622-1199
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. Statements included in this announcement, including statements concerning our plans,
intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”.
Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar
expressions. The Company cautions read ers that forward‐looking statements, including without limitation those relating to the Company’s future
operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ m aterially from those
indicated in the forward‐looking statements.