Absolutely Critical Resources settles $205,000 debt with 4,100,000 shares at $0.05 each

Reuters2026/07/27 21:02

By:Reuters

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Absolutely Critical Resources settled $205,000 of debt through issuance of 4,100,000 common shares at a deemed price of $0.05.
TSXV accepted cancellation of $176,000 of the $381,000 outstanding balance, cutting total obligations tied to unpaid compensation and expenses.
Shares issued for the assigned portion of the debt will be released in five 20% tranches every three months; all shares carry a four-month hold.
Issued and outstanding common shares rose to 37,810,111 following completion of the debt settlement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Absolutely Critical Resources Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202607271700TNWSWRCACNPR_____1AG9FZ01E) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Absolutely Critical Resources settles $205,000 debt with 4,100,000 shares at $0.05 each

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