The TSX Venture Exchange has accepted for filing the company's proposal to issue 21,886,581 shares to settle outstanding debt for $3,282,987.
Number of creditors: 12 creditors
Insiders: Colin Bird, $48,000, 320,000 shares at 15 cents;
Hephaestus Consulting Services Inc. (Tim Beale), $373,164, 2,487,760 shares at 15 cents;
Putney Holdings Co. LLP (Michael Winn), $132,109, 880,727 shares at 15 cents;
Raymond Jannas, $48,000, 320,000 shares at 15 cents;
Ralph Rushton, $42,000, 280,000 shares at 15 cents;
Michael Winn, $40,000, 266,667 shares at 15 cents;
MDW & Associates LLC (Michael Winn), $1,552,277, 10,348,513 shares at 15 cents;
Seabord Capital Corp. (Michael Winn), $561,118, 3,740,787 shares at 15 cents;
Seabord Services Corp. (Michael Winn), $158,898, 1,059,320 shares at 15 cents;
Seabord Management Corp. (Michael Winn), $157,000, 1,046,667 shares at 15 cents
The company shall issue a news release when the shares are issued and the debt extinguished.
© 2024 Canjex Publishing Ltd. All rights reserved.