Strategx arranges $421,615 debt settlement

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 outstanding debt.
• A related‑party portion of the settlement involved directors and officers receiving 1,269,805 shares for $228,565 of debt, relying on MI 61‑101 exemptions.
• All issued shares are subject to a hold period that expires on February 11, 2026, in accordance with CSE policies.

Key Details

• Total shares issued: 2,342,304 common shares.
• Deemed share price: $0.18 per share.
• Aggregate debt settled: $421,615.
• Hold period for all newly issued shares ends Feb 11 2026.
• Related‑party transaction: 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 is <25% of the company’s market capitalization, satisfying exemption criteria.

Notable Quotes

(No direct quotes were provided in the release.)