Mirage Energy Corporation Pays Off Debt To Power Up Lending

Rhea-AI Summary

Mirage Energy Corporation (OTC PINK:MRGE) announced on October 5, 2021, the complete payoff of its debt to Power Up Lending, effective October 2, 2021. This significant milestone is expected to stabilize the company's stock by eliminating any overhanging notes. Additionally, Mirage is making notable progress on its US/Mexico projects and anticipates closing on these ventures soon. The company cautions investors regarding forward-looking statements, which may involve risks and uncertainties that could affect actual results.

Positive

• Full repayment of debt to Power Up Lending stabilizes stock.
• Elimination of overhanging notes improves market position.
• Advancements in US/Mexico projects suggest potential growth.

Negative

• None.

SAN ANTONIO, TX / ACCESSWIRE / October 5, 2021 / MIRAGE ENERGY CORPORATION (OTC PINK:MRGE) announces it has paid off its debt to Power Up Lending as of October 2, 2021. This should be a stabilizing factor to our stock. Furthermore, Mirage no longer has any overhanging notes to affect our market.

Mirage continues to move forward on our US/MEXICO projects with great success being made on all fronts. We are looking forward to closing on these in the very near future.

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements. These statements relate to future financial performance. We intend that such forward-looking statements be subject to the safe harbors for such statement. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgement as to what may occur in the future. However, forward-looking statements are subject to risk, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected.

Contact:

http://www.mirageenergycorp.com/
Office: 210-858-3970

SOURCE: Mirage Energy Corporation

View source version on accesswire.com:
https://www.accesswire.com/666888/Mirage-Energy-Corporation-Pays-Off-Debt-To-Power-Up-Lending

FAQ

What debt did Mirage Energy Corporation pay off?

Mirage Energy Corporation paid off its debt to Power Up Lending as of October 2, 2021.

How does paying off debt affect MRGE's stock?

The repayment of debt is expected to stabilize MRGE's stock by removing overhanging notes.

What progress is Mirage Energy making on its US/Mexico projects?

Mirage Energy is making significant advancements on its US/Mexico projects and aims to close on them soon.

What should investors know about forward-looking statements from MRGE?

Investors should be cautious about forward-looking statements as they are subject to risks and uncertainties that could impact actual outcomes.