VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 20, 2016) - Northisle Copper and Gold Inc. (TSX VENTURE:NCX) announces that it has entered into a debt settlement agreement with a major creditor pursuant to which a $125,000 of indebtedness is to be satisfied by the issuance of 2,500,000 common shares at a deemed price of $0.05 per share, subject to regulatory acceptance.
On behalf of Northisle Copper and Gold Inc.,
John McClintock, President, CEO and Director
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This news release may contain forward-looking statements based on assumptions and judgements of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.
