08:09:12 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Brookwater Ventures Inc (2)
Symbol BW
Shares Issued 27,137,634
Close 2015-05-05 C$ 0.12
Market Cap C$ 3,256,516
Recent Sedar Documents

Brookwater issues 20.6 million shares for debt

2015-05-05 20:04 ET - News Release

Mr. Ahmed Said reports

BROOKWATER ANNOUNCES COMPLETION OF SHARES FOR DEBT SETTLEMENT

Brookwater Ventures Inc. has issued 20,609,840 common shares at a deemed price of between 10 cents and 21.2 cents per common share in full and final settlement on account of loans, consulting fees and service fees owed to certain arm's-length and non-arm's-length parties (for additional details regarding the shares for debt settlement, see the company's news release dated Nov. 7, 2014, and the amended management information circular dated Nov. 3, 2014).

All common shares issued pursuant to the shares for debt settlement are subject to a hold period of four months and one day expiring on Sept. 6, 2015.

We seek Safe Harbor.

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