StrategX Issues Shares in Settlement of Debt

Executive Summary

• StrategX Elements Corp. issued 2,342,304 common shares at a deemed price of $0.18 per share to settle $421,615 of aggregate debt.
• A portion of the settlement (1,269,805 shares) involved related‑party transactions with directors and officers, relying on exemptions under MI 61‑101.
• All issued shares are subject to a hold period that expires on February 11, 2026.

Key Details

• Total common shares issued: 2,342,304 at $0.18 per share (deemed price).
• Aggregate debt settled: $421,615.
• Hold period for all newly issued shares ends February 11, 2026, in line with CSE policies and securities law.
• Related‑party component: 1,269,805 shares issued to directors/officers to settle $228,565 of debt.
• Exemptions relied upon: Sections 5.5(a) and 5.7(1)(a) of MI 61‑101 (valuation and minority shareholder approval).
• Fair market value of related‑party participation does not exceed 25% of StrategX’s market capitalization, satisfying the exemption criteria.

Notable Quotes

(No direct quotes were provided in the release.)