sur Right Seasons Investments (CVE:LITT)
FutureGen Industries Completes Debt Settlement with Share Issuance
FutureGen Industries Corp., formerly Right Season Investments Corp., has finalized its debt settlement agreement with a company director, effective March 9, 2026. In accordance with the agreement, FutureGen issued 100,800 common shares at $0.25 per share, settling $25,200 in debt. The shares are subject to a four-month hold, expiring July 27, 2026.
This transaction, classified as a Related Party Transaction under MI 61-101, did not require a formal valuation due to its value being under 25% of the company's market capitalization. Despite the lack of prior notice, the settlement proceeded swiftly for business reasons.
FutureGen Industries focuses on driving innovation and growth through strategic investments in diverse companies.
R. P.
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