The TSX Venture Exchange has accepted for filing the company's proposal to issue 3,050,686 shares and 1,525,343 share purchase warrants to settle outstanding debt for $1,281,288.12.
Number of creditors: two creditors
Warrants: 1,525,343 share purchase warrants to purchase 1,525,343 shares
Warrant exercise price: 50 cents for a one-year period
The company shall issue a news release when the shares are issued and the debt extinguished.
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