The TSX Venture Exchange has accepted for filing the company's proposal to issue 14,335,621 common shares at a deemed price of one cent per share to satisfy the interest obligation owed to debentureholders in the amount of $143,356.16 due on June 30, 2020.
Number of creditors: 51 creditors
Insiders: Kenneth Bagan, $1,246.58, 124,657 shares at one cent;
Karalie Strutt, $1,246.58, 124,657 shares at one cent;
Donald Luft, $31,089.59, 3,108,958 shares at one cent;
Kenneth Berg, $623.29, 62,329 shares at one cent;
Deanna Berg, $124.66, 12,466 shares at one cent
The company shall issue a news release when the shares are issued and the debt extinguished.
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