Advance United Holdings Announces Debt Settlement - July 26, 2022
Advance United Holdings Announces Debt Settlement
Toronto, Ontario - July 26, 2022 - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company") is
pleased to announce it has settled an aggregate of $3,500 of indebtedness to a creditor of the Company
through the issuance of 50,000 common shares in the capital of the Company (the "Common Shares") at
a price of $0.07 per Common Share (the "Debt Settlement"). The Common Shares issued pursuant to the
Debt Settlement are subject to a four -month hold period and completion of the transaction remains
subject to final acceptance of the Canadian Securities Exchange.
Contact Information
James Atkinson, P. Geo., CEO
Email: [email protected]
Tel: (647) 278-7502
Forward-Looking Information and Cautionary Statements
This news release contains certain "forward-looking information " within the meaning of applicable securities law.
Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or
statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward -
looking information is based on the opinions and estimates of management at the date the information is provided,
and is s ubject to a variety of risks and uncertainties and other factors that could cause actual events or results to
differ materially from those projected in the forward -looking information. For a description of the risks and
uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s
Discussion and Analysis. The Company undertakes no obligation to update forward -looking information if
circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned
not to place undue reliance on forward-looking information.