Chalice Brands Ltd (CHALF)

[DailyMJObserver]

Golden Leaf is Issuing Shares to Pay Debt

Yesterday it was announced that Golden Leaf Holdings Ltd. (OTC:GLDFF) (CSE:GLH) would be settling a debt by issuing shares.

The Debt

Golden Leaf hired a consultant to secure funding and owes the consultant $50,000 CAD. This is equivalent to roughly $37,602 USD at current exchange rates. Instead of paying the consultant the $50,000 CAD, Golden Leaf will be issuing 150,000 shares of common stock at a deemed price of $0.33 CAD per share, equivalent to $0.25 USD.

To read the full article on our site: (http://www.dailymarijuanaobserver.com/single-post/2016/12/06/canada-marijuana-stocks-news-GLDFF-GLH-Golden-Leaf-Issuing-Shares-to-Settle-a-Debt)