The TSX Venture Exchange has accepted for filing the company's proposal to issue 1.2 million common shares to a non-arm's-length creditor at a deemed price of 15 cents per share to settle outstanding debt for $180,000.
Number of creditors:
one creditor
Aggregate non-arm's-length party involvement:
one party, $180,000, 15 cents a share, 1.2 million shares
For more information, refer to the company's news releases dated Sept. 14, 2023, and Oct. 30, 2023.
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