The TSX Venture Exchange has accepted for filing the company's proposal to issue 2,817,595 shares at a deemed price of 40 cents per share to settle outstanding debt for $1,127,038.
Number of creditors: six creditors
Total non-arm's-length party involvement: $277,500, 693,750 shares at 40 cents (two parties)
The company shall issue a news release when the shares are issued and the debt extinguished.
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