Verisante Technology receives TSX-V approval for shares-for-debt transaction to settle CEO payables.

Verisante Technology, Inc. announced that it has received acceptance from the TSX-V Exchange for its shares for debt transaction. The company agreed to issue 4,400,000 Settlement Shares at a deemed issuance price of $0.01 per share, valued at $44,000, to fully settle $44,000 of payables owed to the current CEO for management fees and expenses. The transaction will now be completed, with the total accrued salary debt definitively extinguished.

March 30, 2024
5 Articles