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PetroWorth Announces Settlement of Debt |
April 02, 2012
TORONTO, ONTARIO--(Marketwire - April 2, 2012) - PetroWorth Resources Inc. (CNSX:PTW) (FRANKFURT:T3F) announced today that it has settled approximately $550,000 of debt owed to arms-length creditors in exchange for a total of $250,000 cash, a promissory note for $300,000 due in two years, and 6,000,000 warrants to purchase common shares of the company @ $0.05 per share for a period of two years.
http://www.marketwire.com/mw/release.do?id=1639450&sourceType=3
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