Harrys Manufacturing (TSE:HARY) has released an update.
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Harrys Manufacturing Inc., a Canadian cigarette company, has completed a debt settlement by issuing over 2.4 million shares to Altabac Inc., a creditor with ties to a company director. The transaction, which settled a debt of $121,850 through shares valued at $0.05 each, is considered a related party transaction but falls under exemption rules due to its size relative to the company’s market cap.
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