FLUENT Corp. announces the issuance of 2,750,000 common shares to directors in exchange for the cancellation of US$137,500 of director fees from April 1, 2025, to June 30, 2025. Debt Shares will be issued at a price of US$0.05 per share. This constitutes a “related party transaction” under MI 61-101. The Company plans to rely on exemptions from certain requirements. Debt Shares will be subject to a four-month hold period.
FLUENT is a leading national cannabis brand. The Company operates in Florida, New York, Pennsylvania, and Texas. They produce various cannabis products under different brands. For more information, visit their website.
Read more at GlobeNewswire: FLUENT Corp. Announces Shares for Debt Settlement