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Horizon Petroleum Ltd (3)
Symbol HPL
Shares Issued 37,989,031
Close 2024-11-20 C$ 0.14
Market Cap C$ 5,318,464
Recent Sedar Documents

Horizon Petroleum 3,136,365 shares for debt

2024-11-20 20:03 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing the company's proposal to issue 3,136,365 common shares at a deemed price of 11 cents per share to settle outstanding debt totalling $345,000.

Number of creditors:  six creditors

Total non-arm's-length-party involvement:  $345,000, 3,136,365 shares at 11 cents (six parties)

For more information, refer to the company's news release dated Aug. 12, 2024, and the company's management information circular dated Sept. 9, 2024, which is available under the company's profile on SEDAR+. The company shall issue a news release when the shares are issued and the debt extinguished.

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