The TSX Venture Exchange has accepted for filing the company's proposal to settle a debt of $546,281.33 through the issuance of issue 2,427,917 common shares at a deemed price of 22.5 cents. All of the shares issued in connection with the debt settlement are subject to a statutory four-month hold period in accordance with applicable securities laws.
Number of creditors: one creditor
Aggregate non-arm's-length-party involvement: $546,281.33, 2,427,917 shares at 22.5 cents (one party)
For further information, please refer to the company's news release dated July 3, 2025, and Sept. 18, 2025.
The company shall issue a news release when the shares are issued and the debt extinguished.
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