NEUPATH HEALTH ANNOUNCES PROPOSED SHARES FOR DEBT SETTLEMENT
News Source : Financial Post
News Summary
- NeuPath Health Inc. (TSXV:NPTH) announced today that it intends to settle an aggregate amount of $420,000 of indebtedness (the “Debt”) owing to Joseph Walewicz, the Company’s former Chief Executive Officer, and Jeff Zygouras.
- The Debt represents a portion of accrued one‑time performance‑based bonuses.
- No new control person or insider of the Company will be created as a result of the Debt Settlement.
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