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Bullboard - Stock Discussion Forum GTEC Holdings Ltd GGTTF

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.

GREY:GGTTF - Post Discussion

GTEC Holdings Ltd > shares for debt.
View:
Post by kijiji on Mar 19, 2019 6:16pm

shares for debt.

The TSX Venture Exchange has accepted for filing the company's proposal to issue 3,759,319 shares at a deemed price of 59.8512590 cents to the vendors of Tumbleweed Farms, settling milestone payments toward the Tumbleweed Farms acquisition in the amount of $2.25-million.
 
Number of creditors:  four creditors
 
Insider:  Calvin Hansson, $652,500, 1,090,202 shares at 59.8512590 cents
 
The company shall issue a news release when the shares are issued and the debt extinguished.
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