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Hempalta Corp ( (TSE:HEMP) ) just unveiled an update.
Hempalta Corp. has corrected a previously disclosed figure related to its shares-for-debt settlement, confirming that it settled $240,696.86 of indebtedness, not $340,696.86 as originally stated, through the issuance of 12,034,843 common shares at $0.02 per share. The company also strengthened its governance and operational oversight by appointing experienced retail executives Chris Ostafie and Anshu Khanna to its board of directors, moves that may support execution of its growth strategy in the emerging carbon-credit and climate-tech space.
More about Hempalta Corp
Hempalta Corp. is a Calgary-based AgTech and climate-technology company that leverages industrial hemp to develop nature-based carbon removal solutions. Through its subsidiary Hemp Carbon Standard and its proprietary blockchain-based registry, Trusted Carbon, the company generates certified, high-integrity carbon credits under ISO 14064-2, enabling corporate partners and farmers to participate in a transparent, data-driven carbon market.
Average Trading Volume: 141,565
Technical Sentiment Signal: Sell
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