Debt Settlement

Universal Digital Inc. (LFGMF) announced strategic agreements to boost growth in the digital asset space. These include settling $200,400 debt by issuing 334,000 shares, a marketing agreement with Outside The Box Capital involving cash and stock options, and a strategic advisory agreement granting 1,500,000 RSUs. These initiatives aim to strengthen market position and expand digital presence, while potential dilution and cash commitments are notable considerations.

BioNxt Solutions (BNXTF) completed a debt settlement with an arm’s length creditor, settling a $225,010 debt via share issuance (112,505 shares at CAD$1.00) and a $112,505 cash payment. The newly issued shares are subject to a four-month and one-day holding period according to CSE policies. This move aims to strengthen financial footing while preserving cash for core operations, though it may result in minor shareholder dilution. BioNxt focuses on bioscience innovation, particularly drug delivery technologies.

Carrefour China’s official WeChat account has been rebranded to “CACIOUS,” the name of Carrefour’s membership store private label. This follows Suning.com’s announcement of a debt settlement with Carrefour Group, where Suning will pay RMB 220 million to resolve disputes and solidify its 100% ownership of Carrefour China. The rebrand and debt settlement mark a turning point for Carrefour’s operations in China and represent a significant financial closing for both Suning and Carrefour.

Revive Therapeutics (RVVTF) closed the first tranche of its private placement, raising $60,900 by issuing 2.9 million units at $0.021 each. It also settled $67,400 in debt by issuing 3.2 million units at the same price. Each unit includes a share and a warrant exercisable at $0.05 for 36 months. The proceeds will fund working capital and payables. Securities are subject to a hold period expiring December 9, 2025. The offering included 100,000 compensation options to an investment dealer.

Scryb Inc. adjusted its stake in Cybeats Technologies on August 5, 2025, acquiring 9,788,450 shares to settle $978,845 in debt as part of a $1.5 million debt settlement. Post-settlement, Scryb holds 74,431,950 shares and 13,125,000 warrants, representing 38.59% ownership (42.50% partially diluted) of Cybeats, which has 192,880,745 shares outstanding. The acquired shares are subject to a four-month and one-day hold period. Scryb maintains flexibility to adjust its Cybeats stake in the future.

Search Minerals (TSXV: SMY | OTC: SHCMD) has reached a settlement regarding approximately $100,000 in outstanding debt with Kee Scarp Ltd. and Todd Burlingame. The company will issue 203,688 common shares to Burlingame and pay $26,600 to Kee Scarp. The share issuance is subject to TSX Venture Exchange approval and a four-month hold period. This move balances debt reduction with potential shareholder dilution.