CANADA CARBON INC. COMPLÈTE DES ACTIONS POUR LA TRANSACTION

From GlobeNewswire:

Canada Carbon Inc. (TSX-V: CCB) has received approval from the TSXV for a total debt settlement of $145,417 owed to former CFO and CEO, Olga Nikitovic. 4,406,575 ordinary shares were issued at a deemed price of $0.033 per share in exchange for the extinguished debt. The newly issued common shares will be subject to a four-month plus one day hold period, expiring on May 25, 2024. The CEO and Director, Ellerton Castor, is conducting this settlement. The news contains forward-looking statements and should not be relied upon as certain. The press release is relevant and accurate but is not the final obligation.



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