Paragon Advanced Labs Converts $794,201.40 in Debt Into Shares
Bitget2026/11/05 17:56- Paragon Advanced Labs completed the conversion of $794,201.40 in debt owed to consultants into common shares on November 5, 2026.
- The settlement involved issuing 256,194 common shares at a deemed price of $3.10 per share.
- Two non-arm's-length creditors received 19,354 shares to settle $59,997.40 in debt.
- The TSX Venture Exchange conditionally accepted the debt settlement.
- The settlement shares carry a statutory hold period of four months and one day from issuance.
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