Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

PentaNova Energy Corp. Announces Shares for Debt Settlement

V.GASX

Canada NewsWire

VANCOUVER, Sept. 8, 2017 /CNW/ - PentaNova Energy Corp. (the "Company") (TSXV: PNO), announces that, subject to the approval of the TSX Venture Exchange, it has agreed to settle $298,743.40 in outstanding indebtedness through the issuance of an aggregate of 746,858 common shares at a price of $ 0.40 per share. The Company is issuing shares for debt to preserve capital from the recent financing.  The shares issued under the debt settlement will be subject to a hold period of four months and one day from the date of issuance.

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

SOURCE PentaNova Energy Corp.

View original content: http://www.newswire.ca/en/releases/archive/September2017/08/c8925.html