Momentum Public Relations
Press Release: May 7, 2019
The TSX Venture Exchange has accepted for filing the company’s proposal to issue 3.38 million shares at a deemed price of five cents to settle outstanding debt for $169,000.
Number of creditors: six creditors
Insiders: Doublewood Consulting Inc. (Paul Sarjeant), $52,500, 1.05 million shares at five cents; Rare Capital Corp. (Erin Campbell), $12,500, 250,000 shares at five cents; Eichbaum FRS Inc. (Luis Hadic), $20,000, 400,000 shares at five cents; Mitchell Smith, $20,000, 400,000 shares at five cents
The company shall issue a news release when the shares are issued and the debt extinguished.