Pursuant to a news release dated April 25, 2023, the TSX Venture Exchange has accepted for filing the company's proposal to issue 1,717,647 common shares of the company at a deemed price of 34 cents per share to settle severance and inducement payments for an aggregate amount of $584,000.
Number of creditors: two creditors
Total non-arm's-length party involvement: $584,000, 1,717,647 shares at 34 cents (two parties)
The company shall issue a news release when the shares are issued and the severance and inducement payments are completed.
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