Mr. John Anderson reports
PARENT CAPITAL COMPLETES SHARES FOR DEBT
Parent Capital Corp., further to its news release dated Sept. 26, 2025, has issued a total of 1,032,667 common shares of the company at a deemed price of six cents per share as settlement of outstanding indebtedness in the amount of $61,960.02 owed to certain creditors. The securities issued will be subject to a four-month hold period under Canadian securities laws and the policies of the TSX Venture Exchange, as applicable.
The company also wishes to correct its news release issued on Sept. 26, 2025, in connection with the expiry date of the warrants underlying the units issued under the private placement offering. Each unit consists of one common share of the company and one warrant, exercisable to acquire an additional common share of the company at a price of nine cents per common share for a period of one year from the date of issuance. Each finder's warrant issued pursuant to the offering is exercisable to acquire one common share of the company at a price of nine cents per share for a period of one year from the date of issuance.
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