The TSX Venture Exchange has accepted for filing the company's proposal to issue 1,328,141 shares to settle outstanding debt for $92,969.87.
Number of creditors: 18 creditors
Total non-arm's-length party involvement: $81,684.12, 1,166,916 shares at seven cents (10 creditors)
Total pro group involvement: $3,516.73, 50,239 shares at seven cents (two creditors)
The company shall issue a news release when the shares are issued and the debt extinguished.
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