TripSitter Clinic Ltd. Settles Debt and Plans New Financing

TripSitter Clinic Ltd., based in Vancouver, has settled $292,311.48 in liabilities by issuing 4,102,616 common shares at a deemed price of $0.07125 per share. These shares are subject to a hold period until August 14, 2026. Following this settlement, the total number of common shares stands at 17,396,345.

The company also announced plans for a non-brokered private placement to raise up to $200,000. This will involve issuing 1,777,778 common shares at $0.1125 each. Proceeds will support general working capital. The transaction requires approval from the Canadian Securities Exchange.

Enquity Consulting Inc. and Notionhill Capital Inc., controlled by Muhammad Aziz, have increased their holdings in the company. Collectively, they now own 14.61% of the outstanding shares.