The TSX Venture Exchange has accepted for filing the company's proposal for the issuance of two million common shares at a deemed price of 20 cents per share to settle an aggregate debt of $400,000. All of the shares 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: $400,000, two million shares at 20 cents (one party)
For further information, please refer to the company's news releases dated July 9, 2025, and Sept. 10, 2025.
The company shall issue a news release when the shares are issued and the debt extinguished.
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