01:41:49 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Bee Vectoring Technologies International Inc
Symbol BEE
Shares Issued 144,088,445
Close 2023-11-17 C$ 0.06
Market Cap C$ 8,645,307
Recent Sedar Documents

Bee Vectoring arranges $165,908 shares for debt deal

2023-11-17 16:16 ET - News Release

Mr. Ashish Malik reports

BEE VECTORING TECHNOLOGIES ANNOUNCES DEBT SETTLEMENT

Bee Vectoring Technologies International Inc. has entered into a debt settlement agreement to settle outstanding cash payments owed to a creditor totalling $165,908.34 for legal fees. Pursuant to the settlement agreement, the company has agreed to issue an aggregate of 2,765,138 common shares at a deemed price of six cents per common share. The company anticipates closing the settlement agreement on or about Nov. 24, 2023.

Securities issued pursuant to the settlement agreement will be subject to a statutory hold period of four months plus a day from issuance in accordance with applicable securities laws.

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. Bee Vectoring'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 55 granted patents, over 35 patents pending in all major agricultural countries worldwide and has U.S. 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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