Mexus pays off outstanding debt obligation; Quarterly audit to be completed this week


CABORCA, Mexico, July 13, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that the company satisfied a $57,000 note payable by way of conversion.    In addition, Mexus’ audit obligation has been met with the audit expected to be completed in the next 7 days.  The audit process was delayed due to the company moving from an exploration company to a production company.   The auditors required additional information concerning the sales of gold and the accounting procedures put in place as required by Mexican law.  Future audits are expected to be completed and released in a more timely manner.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s