The TSX Venture Exchange has accepted for filing the company's proposal to issue 13,580,094 common shares at a deemed price of 8.575 cents per common share to settle outstanding debt for $1,164,493.14 from accrued interest owed by the company pursuant to a previously issued convertible debenture.
Number of creditors: one creditor
Total non-arm's-length-party involvement: $1,164,493.14, 13,580,094 shares at 8.575 cents (one party)
For more detail, refer to the company's news release dated Sept. 28, 2023.
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