on The Market Herald (isin : CA23809L1085)
Justera Health Announces Debt Settlement Transaction
Justera Health Ltd., a Canadian company listed on the CSE and OTC PINK, plans to settle a debt of approximately C$355,570 by issuing 7,111,400 units priced at C$0.05 each. Each unit includes one common share and one share purchase warrant, exercisable at C$0.05 per share for five years. The warrants include an acceleration clause that activates if shares trade at or above C$0.10 for five days. The transaction aims to preserve cash for operations.
The debt settlement is a related party transaction as some company directors are creditors. The board's independent directors reviewed and approved the transaction. The issuance is subject to a four-month hold period upon closing, anticipated under Canadian Securities Exchange policies.
R. H.
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