Parent Capital issues 1.03 million shares for debt

Executive Summary

• Parent Capital Corp. issued 1,032,667 common shares at a deemed price of $0.06 per share to settle $61,960.02 of outstanding indebtedness.
• The shares are subject to a four‑month hold period under Canadian securities laws and TSX Venture Exchange policies.
• The company corrected the expiry date wording for warrants issued in its September 26, 2025 private placement: each unit contains one common share plus one warrant exercisable at $0.09 per share for one year from issuance; finder’s warrants have identical terms.

Key Details

• Debt Settlement: 1,032,667 common shares issued at $0.06/share = $61,960.02 settled debt to creditors.
• Hold Period: Shares subject to a four‑month lock‑up per Canadian securities regulations and TSX Venture Exchange rules.
• Warrant Structure (Correction):
• Each unit = 1 common share + 1 warrant.
• Warrant exercise price: $0.09 per common share.
• Exercise window: 1 year from the date of issuance.
• Finder’s Warrants: Same terms as above – each grants the right to acquire one common share at $0.09 for a one‑year period.

Notable Quotes

(No CEO/President quotes provided in the release.)