Divergent Energy Services (TSE:DVG) has released an update.
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DIVERGENT Energy Services has announced plans to settle its $35,839.04 interest obligation by issuing 2,389,270 common shares at a deemed price of $0.015 each to debenture holders, subject to TSX Venture Exchange approval and regulatory hold periods. This strategic move will satisfy the interest due by March 31, 2024, and includes some shares to be allocated to company Directors and Officers.
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