bettermoo(d) Announces Debt Settlement

Executive Summary

• bettermoo(d) Food Corporation entered into settlement agreements to extinguish $857,774.47 of outstanding debt by issuing 2,859,248 common shares at a deemed price of $0.30 per share.
• The settlement is pending CSE approval with closing expected on or before March 11, 2026.
• No material change report was filed prior to the settlement because terms were finalized shortly before closing.

Key Details

• Settlement Structure: Issuance of 2,859,248 common shares at $0.30 per share as full payment for $857,774.47 of debt.
• Creditor Group: Settlement agreements signed with “certain creditors” (specific parties not disclosed).
• Regulatory Condition: Settlement subject to approval by the Canadian Securities Exchange (CSE).
• Closing Timeline: Expected on or before March 11, 2026.
• Reporting Note: Company did not file a material change report >21 days before closing because settlement terms were only finalized shortly prior to execution.

Notable Quotes

(No direct quotes from executives included in the release.)