The TSX Venture Exchange has accepted for filing the company's proposal to issue 22,333,330 units (each unit comprising one common share and one share purchase warrant) to settle outstanding debt for $2,233,333.
Number of creditors: one creditor
Warrants: 22,333,330 share purchase warrants to purchase 22,333,330 shares
Warrant exercise price: 20 cents for a three-year period
For further information, please refer to the company's news release dated Nov. 21, 2016. The company shall issue a further news release when the shares are issued and the debt extinguished.
© 2024 Canjex Publishing Ltd. All rights reserved.