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Zinc8 Energy Solutions Inc
Symbol ZAIR
Shares Issued 87,385,700
Close 2021-06-07 C$ 0.52
Recent Sedar Documents

Zinc8 agrees to issue 116,279 shares as settlement

2021-06-07 17:07 ET - News Release

Mr. Ron MacDonald reports

ZINC8 ENERGY SOLUTIONS ANNOUNCES SETTLEMENT AGREEMENT

Zinc8 Energy Solutions Inc. has agreed to issue 116,279 common shares pursuant to a settlement and release agreement.

The parties have been involved in litigation regarding the claim by Market One Media Group Inc. for payment under a contract from 2019. On June 1, 2021, the company entered into the settlement agreement whereby Market One has agreed to release the company from all claims in consideration for, among other things, the issuance of 116,279 shares of the company.

The securities being issued are subject to a four-month-and-a-day hold period.

About Zinc8 Energy Solutions Inc.

Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power.

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