Mr. T. Barry Coughlan reports
VATIC TO ISSUE SHARES FOR DEBT
Subject to regulatory approval from the TSX Venture Exchange,
Vatic Ventures Corp. will issue shares for debt. On receipt of regulatory approval, the company will issue a total of 793,757 common shares at a price of 7.5 cents per share to settle a total debt of $59,531.77 to two parties. All securities issued will be subject to a four-month hold period.
About Vatic Ventures Corp.
Vatic is reviewing various potential opportunities in the cannabis sector. Management is of the view that although there is an excessive amount of participation and competition in certain areas of the cannabis industry, there continues to be tremendous potential to develop business models which embrace unique and profitable approaches to the sector.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.