VANCOUVER, BC, Nov. 22, 2024 /CNW/ - Principal Technologies Inc. (the "Company" or "Principal") (TSXV: PTEC) (FSE: J07), is pleased to announce a shares-for-debt settlement. The Company has agreed to settle outstanding debt owed to three arm's length parties, through the issuance of 363,500 common shares of the Company (the "Debt Shares"). The principal amount of the debt to be settled or repaid (the "Debt Settlement") is an aggregate of $90,875 in fees and expenses (collectively, the "Debt"). The Debt is being settled through the issuance of 363,000 Debt Shares at a deemed price of $0.25 per Debt Share.
Read more at newswire.caPRINCIPAL TECHNOLOGIES ANNOUNCES SHARES FOR DEBT
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