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VISIBLE GOLD MINES ANNOUNCES ISSUANCE OF SHARES IN PAYMENT OF CERTAIN DEBTS

Newswire.ca - Tue Oct 10, 2023

ROUYN-NORANDA, QC, Oct. 10, 2023 /CNW/ - Visible Gold Mines Inc. ("Visible Gold" or the "Company") (TSXV: VGD) (Frankfurt: 3V41) announces that, further to the Company's news release of September 18, 2023, it has issued 78,125 common shares at a deemed price per share of $0.16 in partial settlement of a debt in an amount of $12,500. The debt referred to in this news release has been settled and resulted from management services provided by a company controlled by Visible Gold's President and Chief Executive Officer (the "Debt Settlement"), from April 2023 to August 2023, inclusively.

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