SOFTLAB9 Shares for Debt Settlement
Vancouver, BC. – TheNewswire – October 5, 2020 – Softlab9 Technologies Inc. (CSE:SOFT) (Frankfurt: APO2) (OTC:SOFSF) (CNSX:SOFSF) (“SOFT” or the “Company”), announces that it entered into a debt settlement agreement with an arm’s length creditor of the Company, to settle $50,000 of debt in consideration for the issuance of 51,546 common shares (the “Shares”) at a deemed price of $0.97 per Share (the “Debt Settlement”). The debt Settlement was for unpaid remuneration for services.
The Shares will be subject to a statutory four month hold period.
About SoftLab9
SoftLab9 Technologies Inc. is an international publicly traded company that specializes in the development of early staged companies. We provide access to capital, executive management and industry experience to grow our portfolio of companies.
SoftLab9‘s experienced team bring new ideas and innovation based on science to find solutions to the current world we live in. Customers rely on quality, nontoxic products to keep their homes clean and their loved ones safe, now more than ever during this unprecedented international public health crisis.
For further information please contact:
Rahim Mohamed
Chief Executive Officer
Phone: (403) 605-9429
Paul Searle
Corporate Communications
Citygate Capital Corp
Phone: (778) 240-7724
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