Tilting Capital Corp. Announces Closing of Shares for Debt Issuance
March 24 2014 - 8:00AM
Marketwired Canada
Tilting Capital Corp. (the "Corporation" or "Tilting Capital") (TSX
VENTURE:TLL.H) announces that it has completed the settlement of outstanding
management fees payable to the President and CEO of the Corporation in an
aggregate settlement amount of $37,500, through the issuance of an aggregate of
375,000 common shares in the capital of the Company ("Common Shares"), at a
price of $0.10 per Common Share. The amounts are payable pursuant to the
consulting agreement with the President and CEO. The revised amount has been
approved by the TSX Venture Exchange.
The Common Shares will be subject to a four-month hold period from the date of
issuance in accordance with applicable securities laws.
The Corporation has determined that exemptions from the various requirements of
TSX Venture Exchange Policies are available for the issuance of the Common
Shares.
Neither the NEX Board, TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tilting Capital Corp.
Scott P. Hayduk
(403) 560-4951
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