SBD Capital (TSE:SBD) has released an update.
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SBD Capital Corp. has announced a strategic debt settlement to improve its financial stance by issuing over 3 million common shares at $0.05 each, thus settling over $158,000 of debt. The transaction involves related party transactions and has received the necessary board approval, although a full material change report was not filed in advance.
For further insights into TSE:SBD stock, check out TipRanks’ Stock Analysis page.