05:26:05 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Fendx Technologies Inc
Symbol FNDX
Shares Issued 56,079,893
Close 2024-02-28 C$ 0.30
Market Cap C$ 16,823,968
Recent Sedar Documents

Fendx to issue 500,000 shares for debt of $112,500

2024-02-29 01:06 ET - News Release

Ms. Carolyn Myers reports

FENDX ANNOUNCES PROPOSED SHARES FOR DEBT SETTLEMENT

Fendx Technologies Inc. intends to complete a shares-for-debt settlement with a creditor at a price of 22.5 cents per share, to settle $112,500 of advisory fees through the issuance of 500,000 common shares. Completion of the debt settlement is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange. The shares to be issued will be subject to a hold period expiring four months and one day from the date of issuance in accordance with applicable securities laws.

About Fendx Technologies Inc.

Fendx is a Canada-based nanotechnology company focused on developing products to make people's lives safer by reducing the spread of pathogens. The company is developing both film and spray products to protect surfaces from contamination. The lead product under development, the Repelwrap film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The company has an exclusive worldwide licence to its technology and an intellectual property portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.

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