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AGEDB Technology Announces Debt Settlement

Newswire.ca - Wed May 20, 4:00PM CDT

VANCOUVER, BC, May 20, 2026 /CNW/ - AGEDB Technology Ltd. ("AGEDB" or the "Company") (TSXV: AGET) that it has entered into debt settlement agreements to settle an aggregate of C$143,081 of outstanding indebtedness owing to four creditors (each a "Creditor" and together the "Creditors"), in exchange for the issuance of an aggregate of 1,015,416 units at a deemed price of $0.135 per unit (each a "Unit") of the Company to three Creditors (the "Unit Debt Settlement") and 44,444 common shares of the Company to one Creditor at a deemed price of $0.135 per common share (the "Share Debt Settlement" and with the Unit Debt Settlement, the "Debt Settlement"). Completion of the Debt Settlement is subject to the Company receiving all regulatory approvals, including acceptance by the TSX Venture Exchange.

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