The TSX Venture Exchange has accepted for filing the company's proposal to issue 5,688,588 shares to settle outstanding debt for $568,858.
Number of creditors: seven creditors
Insiders: Guilford Brett, $190,000, 1.9 million shares at 10 cents;
David Brett, $150,000, 1.5 million shares at 10 cents;
Leanora Brett, $40,000, 400,000 shares at 10 cents
The company shall issue a news release when the shares are issued and the debt extinguished.
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