The TSX Venture Exchange has accepted for filing the company's proposal to issue 222,220 common shares at a deemed value of 6.75 cents per share to settle outstanding debt for $15,000.
Number of creditors: four creditors
Insiders: Dr. Thilo Senst, $3,750, 55,555 shares at 6.75 cents;
Jean-Manuel Bullukian, $3,750 55,555 shares at 6.75 cents;
Alfred Schopf, $3,750, 55,555 shares at 6.75 cents;
John Denham, $3,750, 55,555 shares at 6.75 cents
For further details, please refer to the company's news release dated Oct. 21, 2020. The company shall issue a news release when the shares are issued and the debt is extinguished.
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