Mr. Prakash Hariharan reports
WI2WI ENTERS INTO SHARES FOR DEBT SETTLEMENTS
Wi2Wi Corp. has entered into agreements to issue shares to settle an amount of $700,000 owed to the holders of previously issued debt securities and an amount of $79,950.83 owed to a service provider. Wi2Wi will be issuing seven million common shares at a deemed price of 10 cents per share in settlement of the above-noted amount owed to debt securityholders and 444,171 common shares at a deemed price of 18 cents per share in settlement of the above-noted amount owed to a service provider. The issuance of these common shares is subject to approval of the TSX Venture Exchange.
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