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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

Volatus Capital settles $536,528 debt with 7.15M shares

By The Northwire Desk — AI Analysis Apr 01, 2026 · 18:03 VC · 0.02 Volatus Capital Corp
VC · Price

Executive Summary

  • Volatus Capital Corp. entered into a shares‑for‑debt agreement to settle $536,528.06 of outstanding debt.
  • The company will issue 7,153,707 common shares at a deemed price of $0.075 per share to the creditors.
  • All issued securities are subject to a four‑month hold period; the transaction has been approved by the exchange and qualifies as an exempt related‑party transaction under MI 61‑101.

Key Details

  • Debt Settlement Amount: $536,528.06 owed to multiple creditors.
  • Shares Issued: 7,153,707 common shares.
  • Deemed Share Price: $0.075 per share (aggregate gross value ≈ $536,528).
  • Purpose: Preserve cash for working‑capital needs by settling debt with equity rather than cash.
  • Hold Period: Four months and one day from the issuance date; securities may not be sold or transferred during this period.
  • Exchange Approval: The transaction has been approved by the relevant stock exchange.
  • Related‑Party Status: Some creditors are insiders; the deal is classified as a “related party transaction” under Multilateral Instrument 61‑101.
  • Exemption Criteria: Neither the fair market value of the securities nor the consideration exceeds $2.5 million, so formal valuation and minority shareholder approval are not required.
  • Material Change Reporting: No material change report filed >21 days before closing because transaction details were finalized shortly prior to execution; the company sought an expedited close for business reasons.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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Financings