NEXOPTIC TECHNOLOGY CORP. ("NXO") BULLETIN TYPE: Shares for Debt BULLETIN DATE: January 24, 2023 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing of the Company's proposal to issue 1,589,846 shares to three arm's length parties at a deemed price of CAD $0.065 per unit to settle the outstanding debt of CAD $103,340 and issue 5,132,626 shares to a non-arm's length party to settle outstanding debt for $ 333,620.70.
Number of Creditors: 4 Creditors
Non-Arm's Length Party / Pro Group Participation:
Creditors # of Creditors Amount Owing Deemed Price Aggregate # per Share of Shares
Aggregate Non-Arm's Length Party Involvement: 1 $333,620.7 $0.065 5,132,626
Aggregate Pro Group Involvement: N/A N/A N/A N/A
For more details, please refer to the Company's news releases dated November 07, 2022.
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