P2Earn (TSE:PXE) has released an update.
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P2Earn Inc. has successfully completed a debt settlement transaction by issuing 24.1 million common shares to a former director, effectively settling a $241,000 loan debt. These newly issued shares are priced at $0.01 each and are subject to a four-month statutory hold period under Canadian securities laws.
For further insights into TSE:PXE stock, check out TipRanks’ Stock Analysis page.