Solid to settle certain debts by the issuance of shares

About this update from Regenx Tech Corp

[{"type":"text","content":"\n\n\n\nTSXV: SRW\nFRANKFURT: A0BLQQ\n\n\nEDMONTON, April 9 /CNW/ - Solid Resources Ltd. ("Solid" or the "Company")\nannounced today that it has, subject to obtaining approval from the TSX\nVenture Exchange, agreed to issue: (a) 384,000 common shares (with a deemed\nissuance price of $0.05 per common share) to Mr. Harry McKinders, a Director\nof the Corporation, in satisfaction of directors fees owing in the amount of\n$8,600 (for the period Jan 1/03 to Dec 31/06 and outstanding expenses (for the\nperiod July, 2006 to July 2008) in the amount of $10,600; (b) 84,000 common\nshares (with a deemed issuance price of $0.05 per common share) to Garnet\nHarter, a Director of the Corporation, in satisfaction of directors fees owing\nin the amount of $4,200; and (c) 786,960 common shares (with a deemed issuance\nprice of $0.05 per common share) to Attilio (Tony) Spat, in satisfaction of\nconsulting fees owing in the amount of $39,348.\n\n\nCertain statements contained in this press release, including statements\nwhich are related to exploration activity and future prospects and\nprofitability and which may contain words such as "could", "should", "expect",\n"believe", "will" and similar expressions and statements relating to matters\nthat are not historical facts are forward-looking statements. Such\nforward-looking statements involve known and unknown risks and uncertainties\nwhich may cause the actual results, performances and/or achievements of Solid\nto be materially different from any future results, performances or\nachievements expressed or implied by such forward-looking statements. Such\nfactors include fluctuations in the market conditions and prices of tantalum,\nlithium, tin, silver and other metals and related products and services;\ncompetition; political and economic conditions in countries in which Solid\ndoes business; changes in laws and regulations, including environmental\nregulations, to which Solid is subject, and other factors which are described\nin further detail in Solid's filings with the Canadian Securities Regulators.\n\n\nThe TSX Venture Exchange has not reviewed this release and does not\naccept responsibility for the adequacy or the accuracy of this release.\n\n\n","length":2394,"tagName":"div"}]

More updates from Regenx Tech Corp