tiprankstipranks
VSBLTY Moves to Settle Debt with Equity
Company Announcements

VSBLTY Moves to Settle Debt with Equity

Vsblty Groupe Technologies Corp (TSE:VSBY) has released an update.

VSBLTY Groupe Technologies Corp. has reached an agreement to settle a $173,822.04 debt with a service provider by issuing shares and warrants. A portion of the debt, $50,000, will be settled immediately with the issuance of units, while the remaining amount will be addressed with a promissory note and additional warrants. This agreement is in line with the company’s financial restructuring efforts and is pending the standard five-day waiting period as per Canadian Securities Exchange policies.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskVSBLTY Hits Pause: Cease Trade Order Announced
TipRanks Canadian Auto-Generated NewsdeskVSBLTY Groupe Set to File Annual Financials Amid MCTO
TipRanks Canadian Auto-Generated NewsdeskVSBLTY Completes Funding Round and Issues Warrants
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!