Harrys Manufacturing (TSE:HARY) has released an update.
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Harrys Manufacturing Inc., a Canadian cigarette company, has resolved a $121,850 debt through a settlement with Altabac Inc., by issuing 2,437,000 common shares at $0.05 each. This transaction is considered a ‘related party transaction’ as the creditor is linked to a company director, but falls within allowable exemptions due to its market capitalization proportion.
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