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XTM Obtains Creditor Protection to Stabilize the Business and Pursue Restructuring Options and Reports on Bank of Canada Order that provides path for Everyday Payments Platform to Resume Operations

Newswire.ca - Mon Mar 2, 10:10AM CST

TORONTO, March 2, 2026 /CNW/ - XTM Inc. (OTCQB: XTMIF) (CSE: PAID) (the "Company") announced today that the Company and its subsidiary, Everyday People Payments Inc. (together, "TheXTM Entities") have been granted an order (the "Initial Order") from the Ontario Superior Court of Justice (Commercial List) (the "Court") under the Companies' Creditors Arrangement Act (the "CCAA") in order to assist in stabilizing the business and allow it to pursue restructuring options.

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