VANCOUVER, BC / ACCESSWIRE / October 19, 2022 / Verisante Technology, Inc. (TSXV:VER.H)( NEX:VER.H) (the “Company”) is pleased to announce it has agreed to convert certain payables owed to Creditors into common shares in the capital of the Company (the “Settlement Shares”). The Company is proposing to issue the Settlement Shares in order to preserve cash to fund future operations.The Company has agreed to issue of 1,400,000 Settlement Shares at a deemed issuance price of $0.02 per Settlement Share valued at $28,000 plus $12,000 in cash for withholding taxes in full and final satisfaction of $1,257,850 in payables owing to the CEO for accrued salary up to September 30…
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