Nextgen Digital issues 431,034 shares for debt of $250k

Executive Summary

• Nextgen Digital Platforms Inc. settled $250,000 in debt owed to an arm's-length creditor by issuing 431,034 common shares.
• The shares were issued at a deemed price of $0.58 per share.
• The debt being settled relates to media access and support services provided by the creditor.

Key Details

• Debt Amount Settled: $250,000
• Shares Issued: 431,034 common shares
• Deemed Price Per Share: $0.58
• Counterparty: Arm's-length creditor
• Nature of Debt: Payment for media access and support services provided to the company
• Share Restrictions: All shares are subject to a statutory hold period of four months plus a day, ending on January 5, 2026, in accordance with Canadian Securities Exchange policies and applicable securities legislation.

Notable Quotes

• None provided in the text.