RNS12 Oct 2018 22:52
Herencia Resources plc ("Herencia") advises that, on 11th October 2018, the Board granted the issue of 100,000,000 ordinary shares ("New Ordinary Shares") in the Company to Mr. Sergio Avendano at a price of 0.038 pence per share. The New Ordinary Shares have been granted in lieu of payment equivalent to US$50,000 for past unpaid salaries and services completed by Mr. Sergio Avendano.
Is there a lack of cash.