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ARCpoint Inc. Resolves Debt with Equity Settlement
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ARCpoint Inc. Resolves Debt with Equity Settlement

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RSI International Systems (TSE:ARC) has released an update.

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ARCpoint Inc. has agreed to a shares for debt settlement with a director to resolve a CAD$153,565 debt, issuing over 1.3 million Class A Subordinate Voting Shares at CAD$0.11 each. This transaction is classified as a related party transaction but is exempt from certain requirements, pending approval by the TSX Venture Exchange.

For further insights into TSE:ARC stock, check out TipRanks’ Stock Analysis page.

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