TORONTO, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) announces it has reached a settlement agreement (the “Settlement Agreement”) with a Creditor (the “Creditor”) for previously incurred indebtedness. Pursuant to the Settlement Agreement, 942,858 common shares have been issued to the Creditor of the Company at a price of CAD$0.145 per share.
An additional 921,377 common shares of the Company have been issued at a price of CAD$0.20 per share as compensation for investor relations and marketing services.
The Common Shares are subject to a four month and one day hold period from the date of issuance in accordance with applicable securities laws.