Carlyle Issues Shares for Debt – Carlyle Commodities
Carlyle Commodities Corp. (CSE: CCC) announces the issuance of 795,000 common shares at $0.05 each, totaling $39,750, to a director and a consultant to settle unpaid services. This constitutes a “related party transaction” under Multilateral Instrument 61-101; however, it is exempt from certain requirements due to the shares not exceeding 25% of market capitalization. A […]