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Home : Solarvest Completes $100,000 Debt Settlement
Jan 20
2015

Solarvest Completes $100,000 Debt Settlement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2015) - SOLARVEST BIOENERGY INC. (TSX VENTURE:SVS) ("Solarvest"), announces that it has settled the sum of $100,000 as recorded in its financial statements, which was due to Cawkell Brodie LLP in connection with legal services rendered during fiscal 2009 and 2010, by way of a shares for debt. Pursuant to a letter agreement the total debt was settled through the issuance of 285,714 common shares at a deemed price of $0.35 per share.
Source:http://www.marketwired.com/mw/release.do?id=1984117&sourceType=3
 
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