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Agereh Technologies Finalizes Shares for Debt Settlement
Agereh Technologies Inc. announced the completion of a shares for debt settlement. This move was initially disclosed on October 20, 2025, and has since received approval from both its Board of Directors and the TSX Venture Exchange.
In this transaction, Agereh issued 1,574,158 common shares to settle a debt of $393,540, with each share valued at $0.25. An important note is that these shares are subject to a holding period of four months.
The issuance includes 18,000 shares allocated to a related party, underlining its classification as a "related party transaction" under Multilateral Instrument 61-101. Agereh confirmed exemption from formal valuation and minority shareholder approval, adhering to the standards of MI 61-101 due to market capitalization rules.
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