Ho hum... drilling service contractors and other creditors have...

Ho hum... drilling service contractors and other creditors have also accepted shares as payment for services rendered when cash is tight and may even be paid out of the shortfall in the TON Rights Issue (eg, $250K in shares as final payment to Grafex for 90% ownership).

Historically, this has occurred several times since Triton first listed in 2009, as follows:

09 10 2009 - Appendix 3B - 125,000 shares issued for investor relation services
03 12 2009 - Appendix 3B - 165,000 shares issued for research services
12 01 2010 - Appendix 3B - 165,000 shares issued for research services
03 02 2010 - Appendix 3B - 125,000 shares issued for investor relation services
08 04 2010 - Appendix 3B - 680,520 shares issued for drilling services
27 05 2010 - Appendix 3B - 483,873 shares issued for drilling services
08 10 2010 - Appendix 3B - 608,034 shares issued for investor services and corporate advice

And more recently:

02 02 2015 - Appendix 3B - 541,125 shares issued to LSI for $100K implementation fee
28 04 2015 - Appendix 3B - 1,000,000 shares issued ($355,000) - YXGC offtake agreement
28 04 2015 - Appendix 3B - 1,000,000 shares issued ($315,000) - YXGC offtake agreement

In other words, shares in lieu of cash is common particularly in the mining industry where companies work on tight budgets and careful funds management.

Please DYOR.