Windfire Announces Shares for Debt Settlements
TSX-V: WIF.H
April 22, 2015
WINDFIRE ANNOUNCES SHARES FOR DEBT SETTLEMENTS
Windfire Capital Corp. (WIF.H: TSX-V) ("Windfire") announces that, subject to all necessary regulatory approvals, it has entered into shares-for-debt agreements with two members of the board of directors and two consultants, pursuant to which the company will issue 506,250 of its common shares at a deemed price of $0.10 per common share to satisfy $50,625 of outstanding amounts owing to these individuals. The shares will be subject to resale restrictions for a period of four months from the date of issuance under applicable securities legislation.
To find out more about Windfire Capital Corp., please contact investor relations at 604-669-2191 or e-mail [email protected]. You may also visit the website at www.windfirecapital.com
Windfire Capital Corp.
“Clive Massey”
President and CEO
“The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release”.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. The Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.
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