The TSX Venture Exchange has accepted filing the company's proposal to issue 776,676 shares to settle outstanding debt for $139,801.68.
Number of creditors: 19 creditors
Total non-arm's-length-party involvement: $123,087.42, 683,819 shares at 18 cents (10 parties)
Total pro group involvement: $2,390.76, 13,282 shares at 18 cents (one pro group)
The company shall issue a news release when the shares are issued and the debt extinguished.
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