Meryllion Resources Corporation (CSE:MYR, OTC:MYRLF) announced that it has cancelled an aggregate of 2,290,000 stock options which were voluntarily surrendered by the holders for no consideration.
It also announced that it intends to complete a share-for-debt transaction with its CFO to settle $10,000 of accrued salary through the issuance of 200,000 shares at $0.05 each. The shares will be subject to a hold period of four months and one day.