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Reklaim Ltd(MYID-X)
TSX Venture

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Reklaim Ltd. Slashes Debt Through Successful Debt Conversion Initiative

Newswire.ca - Tue Oct 24, 2023

The Company has reduced its debt by 39% in fiscal 2023 while maintaining profitability

TORONTO, Oct. 24, 2023 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) (the "Company"), the destination where consumers are able to view, edit, add and option their data for direct compensation, is pleased to announce that it has agreed to satisfy certain outstanding indebtedness owed to a certain non-arms length creditor (the "Creditor") through the issuance of common shares (the "Common Shares") of the Company (the "Debt Settlement"). The Company plans to settle indebtedness of $100,000 by issuing 1,250,000 Common Shares at a deemed price of $0.08 per Common Share, reducing its outstanding debt by 9%.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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