Bee Vectoring Technologies Closes Debt Settlement

About this update from Bee Vectoring Technologies International, Inc.

[{"type":"text","content":"Bee Vectoring Technologies Closes Debt SettlementMississauga, Ontario and Sacramento, California--(Newsfile Corp. - November 24, 2023) - Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF) (CVE: BEE) (the \"Company\" or \"BVT\") announces that it has closed the debt settlement agreement (the \"Settlement Agreement\") previously announced on November 17, 2023. Pursuant to the Settlement Agreement, the Company issued an aggregate of 2,765,138 Common shares at a deemed price of $0.06 per Common share to the creditor in full satisfaction of an outstanding cash payment due in the amount of $165,908.34 for legal fees.The securities issued pursuant to the Settlement Agreement have a statutory hold period accordance with applicable securities laws which will expire on March 25, 2024.About Bee Vectoring Technologies International Inc.BVT, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market. BVT has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. BVT's award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally-derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides - and improving the health of the soil, the microbiome and the environment. Currently, BVT has 55 granted patents, over 35 patents pending in all major agricultural countries worldwide and has US EPA registration of its Vectorite™ with CR-7 (EPA Registration No. 90641-2) for sale as a registered biological fungicide for use on the labeled crops.Additional information can be viewed at the Company's website www.beevt.com. To receive regular news updates from the Company, subscribe at www.beevt.com/newsletter. BVT Company Contact:Ashish Malik, President & CEO, [email protected] BVT Investor Contact:Babak PedramVirtus Advisory GroupTel: [email protected] CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the...

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