FuelPositive Proposes $304,533 Debt Conversion Into Equity

Bitget2026/11/06 13:23

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FuelPositive proposed on Nov. 6, 2026, to settle $304,533 owed to arm’s-length service providers through a debt conversion.
The settlement would issue 5,536,964 units at $0.055 each, comprising one common share and one common share purchase warrant.
Each warrant would be exercisable at $0.08 for 60 months.
Warrant expiry could be accelerated if the shares’ 10-day volume-weighted average closing price on the TSX Venture Exchange exceeds $0.40.
Completion remains subject to TSX Venture Exchange approval; securities issued would carry resale restrictions of four months and one day.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FuelPositive Corporation published the original content used to generate this news brief via CNW (Ref. ID: 202611060822CANADANWCANADAPR_C7695) on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FuelPositive Proposes $304,533 Debt Conversion Into Equity

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