The TSX Venture Exchange has accepted for filing the company's proposal to issue 5,714,285 common shares at a deemed price of seven cents per share and 2,857,142 share purchase warrants to settle outstanding debt for $400,000.
Number of creditors: one creditor
Warrants: 2,857,142 share purchase warrants to purchase 2,857,142 shares
Warrant exercise price: 10 cents for 18 months
For further details, please refer to the company's news releases dated Aug. 15, 2024, and Sept. 16, 2024.
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