CanPR Technology settles $72,500 debt with shares, grants new options (TSXV:WPR:CA)
CanPR Technology (WPR:CA) settles $72,500 executive debt by issuing 1.45M shares at $0.05 and grants 1.28M options.
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CanPR Technology (WPR:CA) settles $72,500 executive debt by issuing 1.45M shares at $0.05 and grants 1.28M options.
CanPR Technology settles $72,500 debt with shares, grants new options (TSXV:WPR:CA) | Seeking Alpha
CanPR Technology (
WPR:CA
) entered into
debt settlement agreements
to settle $72,500 in outstanding debt with company executives.
The company will issue 1.45M common shares at $0.05 per share to settle the obligations.
CEO Akshat Soni will receive 1.15M shares for $57,500 in accrued salary.
President Rishi Mittal will receive 300,000 shares for $15,000 in accrued salary.
CanPR also granted 1.28M stock options to directors, officers, and consultants, exercisable at $0.05 per share until August 5, 2031.
More on CANPR Technology
Financial information for CANPR Technology
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