17:33:19 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Bee Vectoring Technologies International Inc
Symbol BEE
Shares Issued 141,478,325
Close 2023-07-05 C$ 0.085
Market Cap C$ 12,025,658
Recent Sedar Documents

Bee Vectoring to issue 1.11 million shares for interest

2023-07-05 17:32 ET - News Release

Mr. Ashish Malik reports

BEE VECTORING TECHNOLOGIES PROVIDES CORPORATE UPDATE

Bee Vectoring Technologies International Inc. will be issuing 1,111,370 common shares, at a price of six cents per share, to settle a semi-annual interest payment due to Sorbie Bornholm LP pursuant to the issuance of 1,900 notes for gross proceeds of $1.9-million from the private placement that closed on July 11, 2022.

Pursuant to applicable Canadian securities laws, the settlement shares issued pursuant to the Sorbie private placement will be issued under prospectus exemptions and are not subject to any hold periods or resale restrictions.

Closing of the proposed private placement and issuance of the settlement shares are anticipated to occur on or about July 12, 2023.

About Bee Vectoring Technologies International Inc.

Bee Vectoring, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240-billion crop protection and fertilizer market. Bee Vectoring has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. The company's award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides -- and improving the health of the soil, the microbiome and the environment. Currently, Bee Vectoring has over 65 granted patents, over 35 patents pending in all major agricultural countries worldwide and has U.S. EPA (Environmental Protection Agency) registration of its Vectorite with CR-7 (EPA Registration No. 90641-2) for sale as a registered biological fungicide for use on the labelled crops.

We seek Safe Harbor.

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