Subject: IPD
PDF Document
File: Attachment Loan Press Release2.pdf
INTERNATIONAL PARKSIDE PRODUCTS INC.
A Necessity, not a n Accessory
PRESS RELEASE
DATE: July __, 2026 TSX-V: IPD
International Parkside Products Inc. (the "Company") clarifies its press release dated May 20, 2026 at the request of
the TSX Venture Exchange. The Company confirms that it has arranged a demand loan in the amount of $75,000
from a director/officer of the Company. The loan bears interest at 11%, payable monthly and on demand. The
proceeds of the loan will be issued for continued corporate operations, and in particular the transaction is
designed to improve the financial position of the Company. The Company will not be issuing any bonus shares
as previously disclosed.
Since the loan was provided by a director, this constitutes a "related party transaction" as defined under Multilateral
Instrument 61- 101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such
participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as
neither the fair market value of the loan exceed 25% of the Company's market capitalization. The Company did not
file a material change report 21 days prior to the closing date as details of the respective participation of such
insiders in the Offering was unknown at such time.
On behalf of the Board
Murray Keating,
President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release has been prepared by
management and no regulatory authority has approved or disapproved the information contained herein.
#304 788 Beatty Street, Vancouver, BC, V6B 2M1
Tel: (604) 681-6472 Fax: (604) 681-6194
Toll Free: (877) 608-0868
Website: www.lenspen.com & www.ipd.ca Email: info@lenspen.com
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