Volt Carbon Technologies Inc (TSE:VCT) has released an update.
Volt Carbon Technologies Inc. has initiated a strategic move to convert over $347,000 of its debt into nearly 17.4 million common shares to optimize cash flow for operations. This decision includes settlements with both an external creditor and key company insiders, such as the current President and CEO. The successful completion of this shares-for-debt transaction is pending approval from the TSX Venture Exchange.
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