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BRIEF-Legend Gold to issue shares for debt

Oct 1 (Reuters) - Legend Gold Corp :

* To issue shares for debt

* Says has entered into an agreement with Scott Waldie, a director and former

officer of the company

* Under deal, co to issue 325,000 common shares for indebtedness of $32,500

owed to waldiebased at $0.10 per share

* Says determined to satisfy the indebtedness with shares in order to preserve

its cash for operations

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