GENE ONLINE|News &
Nortec Minerals Settles Debt by Issuing 1.5 Million Shares at $0.05 Each
Nortec Minerals Corp. has finalized a debt settlement agreement, according to an announcement made on April 9, 2026. The company confirmed that it has successfully resolved outstanding debts through the issuance of shares to creditors.
The settlement involved Nortec issuing a total of 1,500,000 common shares at a deemed price of $0.05 per share. This action was taken as part of an arrangement to address liabilities owed by the company. The issuance was completed in accordance with applicable securities regulations and represents Nortec’s effort to manage its financial obligations effectively.
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Date: April 9, 2026
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