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Enter Symbol
or Name
USA
CA



NetCents Technology Inc
Symbol NC
Shares Issued 34,790,251
Close 2017-10-19 C$ 0.48
Market Cap C$ 16,699,320
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ORIGINAL: NetCents to convert $267,829 of debt into shares

2017-10-19 16:44 ET - News Release

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File: 27407910_1_NetCents_Shares for debt_10.17.2017 .PDF

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DESSEMINATION IN THE U.S.

                           NETCENTS CONVERTS DEBT TO COMMON SHARES

VANCOUVER, B.C., October 19, 2017   NetCents Technology Inc. ("NetCents" or the
"Company") (CSE: NC), announces that it will effect a debt conversion (the "Debt Conversion")
of $267,829.98 owing to HCG6 Limited Partnership, a third party, unrelated private company.
The Debt Conversion will comprise Units of NetCents Technology Inc., each Unit comprising of
one common share at $0.30 per share and one warrant exercisable at $0.40 per share (the "Debt
Conversion"). The Debt Conversion will result in the issuance of 892,766 common shares,
representing 2.63% of the increased share capital of NetCents technology Inc. and 892,766
warrants representing 18.95% of the increased and outstanding warrants. No commission is
payable in relation to the Debt Conversion. The total amount of NetCents shares issued and
outstanding is now 34,790,251.

About NetCents

NetCents is a next generation online payment processing platform, offering consumers and
merchants online services for managing electronic payments. The Company is focused on
capturing the migration from cash to digital currency by utilizing innovative Blockchain
Technology to provide payment solutions that are simple to use, secure and worry free.
NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the
user experience of transacting online. NetCents Technology is integrated into the Automated
Clearing House ("ACH") and is registered as a Money Services Business (MSB) with FINTRAC,
which ensures our consumer's security and privacy. NetCents is available for deposits from 194
Countries around the World, providing you with the freedom to choose to Pay. Your Way.TM

For more information, please visit the corporate website at www.net-cents.com or contact Robert
Meister, Capital Markets at Ph: 604. Ph: 604.638.7563 or email: Robert.meister@net-cents.com.


On Behalf of the Board of Directors
NetCents Technology Inc.

"Clayton Moore"
Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.
Suite 880, 505 Burrard St (Bentall 1),
Vancouver, BC, V7X 1M4

Cautionary Note Regarding Forward Looking Information
 This release includes certain statements that may be deemed "forward-looking statements". All statements in this
release, other than statements of historical facts, that address events or developments that the Company expects to
occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and
are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future performance and
actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual
results to differ materially from those in forward-looking statements include regulatory actions, market prices, and
continued availability of capital and financing, and general economic, market or business conditions. Investors are
cautioned that any such statements are not guarantees of future performance and actual results or developments may
differ materially from those projected in the forward-looking statements. Forward-looking statements are based on
the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as
required by applicable securities laws, the Company undertakes no obligation to update these forward-looking
statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

                The CSE has not reviewed, approved or disapproved the content of this press release

              This news release is not for distribution or dissemination in the United States of America
 


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