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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Financings

Cult Food Science completes $30,000 debt settlement

By The Northwire Desk — AI Analysis Dec 18, 2025 · 18:26 CULT · 0.01 Cult Food Science Corp
CULT · Price

Executive Summary

  • Cult Food Science Corp. settled outstanding debt with an arm’s‑length creditor by paying $30,000 in cash and issuing 10 million common shares at a deemed price of $0.01 per share.
  • The shares were issued as free‑trading securities under the prospectus exemption provisions of NI 45‑106.

Key Details

  • Cash consideration: $30,000 paid to creditor.
  • Equity consideration: 10 million common shares issued at a deemed price of $0.01 per share (aggregate nominal value $100,000).
  • Issuance mechanism: Shares issued as free‑trading securities pursuant to Section 2.24 of National Instrument 45‑106 – Prospectus Exemptions.
  • Purpose: Settlement of previously announced debt (originally disclosed on Dec. 10 2025).

Notable Quotes

(No executive quotes were provided in the release.)

Read the original news release →

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