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Earthworks Industries Settles Debt with Share Issuance

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Earthworks Industries Settles Debt with Share Issuance

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Earthworks Industries ( (TSE:EWK) ) has shared an update.

Earthworks Industries Inc. has announced that the TSX Venture Exchange has approved their share for debt agreement. This agreement involves the issuance of 750,000 common shares to settle a debt of $56,200 with an arms-length creditor, which could potentially strengthen the company’s financial position and improve its relationships with creditors.

More about Earthworks Industries

Average Trading Volume: 352,078

Technical Sentiment Signal: Sell

Current Market Cap: C$9.8M

See more insights into EWK stock on TipRanks’ Stock Analysis page.

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