Carlyle Issues Shares for Debt and Announces Settlement – Carlyle Commodities
Carlyle Commodities Corp. announced the issuance of 3,806,920 common shares at $0.05 each to certain directors and consultants as debt repayment totaling $190,346 for unpaid services. Additionally, the company will issue 795,000 shares to a director and consultant for $39,750. This transaction qualifies as a related party transaction under Multilateral Instrument 61-101 but is exempt […]