Northwire Canada EditionSaturday, October 17, 2026
Northwire
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Financings

Parent Capital issues 1.03 million shares for debt

PAR · Price

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.)

Read the original news release →

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