VANCOUVER, BC / ACCESSWIRE / March 28, 2024 / Mako Mining Corp. (TSX-V:MKO) (OTCQX:MAKOF) (“Mako” or the “Company”) is pleased to announce that, further to its news release dated February 15, 2024 and following receipt of the required approval of the TSX Venture Exchange, it has now closed its debt settlement transaction in the amount of US$960,000 with GR Silver Mines Ltd. by way of cash payment in the amount of US$500,000 and the issuance of 296,710 shares of Mako Mining Corp. at a deemed price of C$2.1007 (US$460,000; C$623,300). The shares will be subject to a four-month regulatory hold period from the date of issuance.
The Company also announces that it has entered into a further amendment (the “Loan Amendment Agreement”) to the loan agreement dated February 20, 2020 (as amended from time to time, the “Existing Loan Agreement” and as further amended by the Loan Amendment Agreement, the “Loan Agreement”) between the Company, Wexford…
