Blender Bites Limited (TSE:BITE) has released an update.
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Blender Bites Limited has announced a settlement with creditors by issuing shares to resolve outstanding debt and is repricing warrants to potentially enhance future financial flexibility. The company will issue over half a million common shares to settle debts amounting to approximately $445,870, and adjust the exercise price of existing warrants to attract holders in the face of market price movements.
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