Hapbee Strengthens Leadership Team with Key Appointments; Provides Update on Shares-for-Debt Settlement
created: Sept. 13, 2025, 1 a.m. | updated: Sept. 15, 2025, 8:24 a.m.
Shares-for-Debt SettlementThe Company also provides an update on its shares-for-debt settlement in respect of an aggregate debt of $235,954.48, as previously announced on June 5, 2025 (the “Aggregate Debt ”).
The Company intends to complete the Shares-for-Debt Settlement to preserve cash to finance future operations.
Completion of the Shares-for-Debt Settlement is subject to receipt of all necessary TSX Venture Exchange (the “Exchange ”) approvals.
All securities issued pursuant to the Shares-for-Debt Settlement will also be subject to resale restrictions in Canada for a period of 4 months and a day from their date of issuance.
There can be no assurance that forward-looking statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements.
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