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Blue Horizon Settles Debt with Share Issuance to Preserve Capital

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Blue Horizon Settles Debt with Share Issuance to Preserve Capital

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Sensor Technologies Corp ( (TSE:BHCC) ) has shared an announcement.

Blue Horizon Global Capital Corp. has announced a debt settlement agreement to settle $150,000 in outstanding debts by issuing 15,000,000 common shares to a creditor. This move is intended to preserve cash for working capital, reflecting the company’s strategic financial management and potentially strengthening its market position.

More about Sensor Technologies Corp

Blue Horizon is an investment company focused on identifying promising companies with excellent projects or innovative technologies. It aims to maximize returns for shareholders through investments in private and publicly listed entities across various sectors, including technology, software development, and biotechnology.

Technical Sentiment Signal: Sell

Current Market Cap: C$1.71M

See more data about BHCC stock on TipRanks’ Stock Analysis page.

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