Mr. Richard MacDonald reports
AXIOS ISSUES SHARES FOR INTEREST
Axios Mobile Assets Corp. has issued an aggregate of 505,456 common shares at a deemed price of 8.25 cents per share in respect of $41,700 of interest owing under certain previously issued debentures of the company. The shares are being issued pursuant to the terms of the debentures for the interest owing between Oct. 1, 2016, and Dec. 31, 2016. Each share is subject to a hold period of four months and one day expiring on May 18, 2017.
About Axios Mobile Assets
Axios Mobile Assets is a supply chain logistics company. Axios is becoming a key supplier of pooled pallets primarily in the perishable food category. The Axios solution includes proprietary tracking and information systems that deliver actionable data that help improve supply chain visibility and food safety. The Axios solution is gaining market acceptance based on its unique attributes: lower total cost, lighter weight, sanitary pallets and real-time data.
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