79North Announces Shares for Debt Transaction

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TORONTO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ) ("79North” or the "Company”) announces that it has entered into a series of debt settlement agreements (the "Settlement Agreements”) for the issuance of 1,572,822 common shares in the capital of the Company (the "Shares”) at a deemed price of $0.10 per Share to certain creditors of the Company (the "Creditors”) for settlement of debts owing to the Creditors in respect of past services rendered by the Creditors at an aggregate amount of $157,282.41 (the "Shares for Debt Settlement”).