CDN Maverick Announces Debt Settlement
CSE: CDN
OTCQB: AXVEF
Frankfurt: 338B
FOR IMMEDIATE RELEASE
CDN MAVERICK ANNOUNCES DEBT SETTLEMENT
Vancouver, British Columbia, December 23, 2024 – CDN Ma verick Capital Corp. (“CDN
Maverick” or the “Company”) (CSE: CDN | OTC: AXVEF | FSE: 338B) is pleased to announce
that it has reached agreements with certain arms -length creditors to settle outstanding
indebtedness totaling $235,815 through the issuance of 2,620,167 common shares at a deemed
price of $0.09 per Settlement Share.
All securities issued in connection with the debt settlement will be subject to restrictions on resale
for a period of four months and one day in accordance with applicable securities laws. Completion
of the debt settlement remains subject to regulatory and board approvals and completion of
customary filings with the Canadian Securities Exchange.
ABOUT CDN MAVERICK CAPITAL CORP.
CDN Maverick is a diversified exploration company, with a core focus on lithium. CDN Maverick
is actively seeking to expand its critical minerals portfolio across the Americas, with a firm
commitment to accretive shareholder value creation.
ON BEHALF OF THE BOARD OF DIRECTORS
Sandy MacDougall
Founder, Chairman, and Director
C: 778.999.2159
Simon Studer
Interim CEO and Director
Phone: +41-44-485-2484
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This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future
events. Such forward - looking information can include without limitation statements based on current expectations involving a number
of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could
cause the Company’s actual results to differ materially from those expressed or implied by such forward look ing statements; the
uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual
results and the Company's plans and objectives to differ materially from those expressed in the f orward-looking information. Actual
CSE: CDN
OTCQB: AXVEF
Frankfurt: 338B
results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-
looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their
entirety by this notice. The Company assumes no obligation to update forward- looking information should circumstance or
management’s estimates or opinions change.
Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this release.