Further to the TSX Venture Exchange bulletin dated June 11, 2024, the exchange has been advised that 7,583,393 share purchase warrants were incorrectly issued to a non-arm's-length party. In accordance, the following details should have read as follows.
The TSX Venture Exchange has accepted for filing the company's proposal to issue 39,976,622 common shares and 29,346,562 share purchase warrants to settle an aggregate outstanding debt for $1,199,298.66.
Aggregate non-arm's-length-party involvement: $318,901.79, 10,630,060 shares at three cents (three parties)
Warrants: 29,346,562 share purchase warrants to purchase 29,346,562 shares
The company has issued a news release on Nov. 5, 2024, confirming the exact details of closing of the share-for-debt transaction.
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