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TLL.H Tilting Capital Corp

0.20
0.00 (0.00%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tilting Capital Corp TSXV:TLL.H TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.20 0.20 0.38 0 01:00:00

Tilting Capital Corp. Announces Shares for Debt Issuance

17/03/2014 10:37pm

Marketwired Canada


Tilting Capital Corp. (the "Corporation" or "Tilting Capital") (TSX
VENTURE:TLL.H) announces that it has approved the settlement of outstanding
management fees payable to the President and CEO of the Corporation in an
aggregate settlement amount of $45,000, through the issuance of an aggregate of
450,000 common shares in the capital of the Company ("Common Shares"), at a
price of $0.10 per Common Share. The amounts are payable pursuant to the
consulting agreement with the President and CEO.


The Common Shares will be subject to a four-month hold period from the date of
issuance in accordance with applicable securities laws. The transactions
contemplated under the debt settlement agreements are subject to certain
conditions including, but not limited to, the receipt of all necessary
approvals, including that of the TSX Venture Exchange.


The Corporation has determined that exemptions from the various requirements of
TSX Venture Exchange Policies are available for the issuance of the Common
Shares.


Neither the NEX Board, TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tilting Capital Corp.
Scott P. Hayduk
(403) 560-4951

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