ARCpoint Inc. Enters Agreement to Settle Outstanding Debt through Shares
Friday, 12 July 2024, 20:01
ARCpoint Debt Settlement Announcement
ARCpoint Inc., a company listed on the TSXV as ARC, recently disclosed an agreement to settle an outstanding debt with one of its directors.
Key Points:
- Debt Details: The debt of CAD$153,565 resulted from a loan to a subsidiary with a 10% interest rate.
- Settlement Method: ARCpoint intends to issue shares to resolve the debt with the director.
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