The TSX Venture Exchange has accepted for filing the company's proposal to issue 6,860,420 common shares to settle outstanding debt for $686,042 at a deemed price of 10 cents.
Number of creditors: seven creditors
Insiders: Alex Romanov, $500,000, five million shares at 10 cents;
Bruce Reilly, $90,265.56, 902,656 shares at 10 cents;
Dave Rodgerson, $26,488.62, 264,886 shares at 10 cents;
Ed Sloot, $16,231.06, 162,311 shares at 10 cents;
Anthony DeCristofaro, $10,666.64, 106,666 shares at 10 cents;
Rod Milne, $39,969.12, 399,691 shares at 10 cents
For further information, please refer to the company's news release dated June 28, 2018.
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