The TSX Venture Exchange has accepted for filing the company's proposal to issue 3,035,714 shares to settle outstanding debt for $170,000.
Number of creditors: five creditors
Total non-arm's-length party involvement: $120,000 2,142,856 shares at 5.6 cents (four parties)
The company shall issue a news release when the shares are issued and the debt extinguished.
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