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Home : Cadillac Announces Issuance of Shares for Debt and Norman Brewster's Shareholdings in Excess of 10%
Jul 09
2016

Cadillac Announces Issuance of Shares for Debt and Norman Brewster's Shareholdings in Excess of 10%

TORONTO, ONTARIO--(Marketwired - July 8, 2016) - Cadillac Ventures Inc. (TSX VENTURE:CDC)(OTC:CADIF) ("Cadillac" or the "Company") and Norman Brewster jointly announced today Cadillac has settled debt obligations in the amounts of (i) CDN$156,500 through the issuance of 3,130,000 shares at $0.05 per share to arm's length vendors and (ii) CDN$185,000 through the issuance of 2,642,857 shares at $0.07 per share to non-arms' length parties Norman Brewster, President and Chief Executive Officer and Leo O'Shaughnessy, Chief Financial Officer for services rendered to the Company.
Source:http://www.marketwired.com/mw/release.do?id=2140925&sourceType=3
 
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