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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