Just in case you missed this one...Petrostar Petroleum 4,768,239 shares for debt 2015-01-09 17:45 ET - Shares for Debt
The TSX Venture Exchange has accepted for filing the company's proposal to issue 4,768,239 shares to settle outstanding debt of $434,141.80.
Number of creditors: Six creditors
Insiders: Loree Holdings Ltd. (Randle Mackenzie Loree), $48,750, 541,666 shares at nine cents; Elmdale Resources Ltd. (Randle Mackenzie Loree), $25,616.49, 284,627 shares at nine cents; Randle Ranches Ltd. (Joan Loree), $309,296.29, 3,436,625 shares at nine cents; 2L Farms Ltd. (Joan Loree), $11,636.52, 129,294 shares at nine cents; Alpha Oil Tool Inc. (Randle Mackenzie Loree), $23,842.50, 264,916 shares at nine cents
The company shall issue a news release when the shares are issued and the debt extinguished.