Rubicon Organics settles $25,400 debt with director fees by issuing 59,764 common shares.
From GlobeNewswire: 2024-07-30 23:30:00
Rubicon Organics Inc. has reached a debt settlement agreement with one director to settle $25,400 in director fees by issuing 59,764 common shares. The Debt Settlement Agreement is exempt from certain valuation and approval requirements and is subject to closing conditions before being finalized. Rubicon Organics Inc. is a global leader in premium organic cannabis products, aiming for industry-leading profitability through its various brands. The Company’s focus is on producing high-quality, sustainably grown cannabis products from their state-of-the-art facility in Canada. For more information, contact Margaret Brodie, CEO at [email protected].
Read more at GlobeNewswire: Rubicon Organics Announces Debt Settlement Agreement