Mr. Michael Noonan reports
PUSHFOR INVESTMENTS GRANTS INCENTIVE STOCK OPTIONS AND ANNOUNCES DEBT SETTLEMENT AGREEMENT
Pushfor Investments Inc. has granted a total of 12.8 million non-assignable and non-transferable incentive stock options in favour of bona fide directors, officers, employees and consultants, pursuant to the company's stock option plan. All stock options vest on the date of granting. The options are exercisable at seven cents per share and expire five years from today's date.
The company has entered into an agreement pursuant to which the company will settle $140,000 of debt through the issuance of two million shares issued at a price of seven cents per common share in the share capital of the company. The company is determined to satisfy the indebtedness with shares in order to preserve its cash.
The shares to be issued in satisfaction of the indebtedness will be subject to a four-month statutory hold period from the date of issuance.
About Pushfor Investments Inc.
Pushfor is a technology company producing cutting-edge solutions in Canada and the United States in various sectors, including logistics, AI learning, digital identification and smart contracts. The company continues to investigate, build, and commercialize products for the company's technology-based portfolio in an integrated model as cross-technology solutions and technology platforms. The company's common shares trade on the Canadian Securities Exchange (CSE) under the symbol PUSH, in Europe on the Frankfurt Stock Exchange under the symbol 713 and in the United States on the over-the-counter market under the symbol PUSOF.
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