Skip to main content
hello world

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Cansortium Announces Shares for Debt Settlement

PR Newswire - Fri Jun 2, 2023

MIAMI, June 2, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, announces that the Company has issued an aggregate of 2,031,250 common shares ("Debt Shares") to certain of its directors in exchange for the cancellation of US$162,500 of director fees owing. The Debt Shares are being issued at a price equal to the closing market price of the common shares of the Company as listed on the Canadian Securities Exchange ("CSE") on June 1, 2023, being US$0.08, in accordance with the policies of the CSE.

Read more at prnewswire.com